Vanguard may spend $26 million drilling in Colorado

Vanguard may spend $26 million drilling in Colorado

An oil and fuel firm is planning to spend $20 million to $26 million to drill and full 14 pure fuel wells in western Colorado.

Vanguard Pure Sources says its Piceance Basin holdings south of Silt are one among its three core progress property that it has recognized, with the others together with the Pinedale subject in Wyoming.

The Day by day Sentinel studies that Vanguard mentioned in an announcement that its drilling in Colorado this 12 months will assist it delineate its giant drilling location stock within the Piceance Basin. Vanguard studies having some 500 or extra undeveloped drilling places there.

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