Plains Exploration & Production Company in Pact with Trust for 58k Acres in Wyoming

Loading...
Loading...
The Trust for Public Land announced today that it has entered into an agreement with Plains Exploration & Production Company
PXP
to purchase oil and gas leases on 58,000 acres of environmentally sensitive land located in the Hoback Basin of the Wyoming Range. Once the transaction is completed, the leases will be retired, protecting the land from oil and natural gas drilling. A video and photo accompanying this release are available at http://www.globenewswire.com/newsroom/news.html?d=10007571 The video is available for download at http://media.globenewswire.com/cache/22949/file/16016.mp4 The Trust for Public Land announced the agreement at a media event in Jackson, Wyoming, with Governor Matt Mead and approximately 100 local residents, including hunters, anglers,
Market News and Data brought to you by Benzinga APIs
Posted In: NewsCommoditiesContractsMarkets
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...