Two energy companies receive gas lease extensions while gov't handles environmental issues

GLENWOOD SPRINGS, Colo. - The U.S. Bureau of Land Management says it will extend gas leases held by two energy companies in the disputed Thompson Divide area south of Glenwood Springs for another two years while the agency works to fix environmental issues.

One of the companies involved, Houston-based SG Interests, applied last year to develop test wells on leases in its Lake Ridge Unit following a BLM decision in 2013 granting a one-year extension.

The Glenwood Springs Post Independent reports the SG leases, along with a similar group of leases held by Ursa Piceance LLC that were also due to expire, were extended in order to allow the BLM adequate time to review the environmental reports.

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