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Thompson Divide Coalition Offers Incentives to Protect Public Land

by KREX News Room
by Associated Press

Story Created: Nov 15, 2012 at 3:22 PM MDT

Story Updated: Nov 15, 2012 at 3:22 PM MDT

GLENWOOD SPRINGS, Colo. (AP)- Colorado ranchers and sportsmen are offering to buy back oil and gas leases to protect 220,000 acres of high-country public land from oil and gas drillers.

The Thompson Divide Coalition says it can raise as much as $50 million to buy leases in an effort to protect the region's tourism and agricultural economies.

According to the Denver Post, Encana and SG Interests have declined the offer.

The Thompson Divide includes federal land from Carbondale to McClure Pass crossing Pitkin, Gunnison, Garfield, Mesa and Delta counties.

Lawmakers are working on legislation to prevent future mineral leasing in the area and offer companies reimbursement if they trade in existing leases.

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Really? said on Thursday, Nov 15 at 5:00 PM

These companies have invested hundreds of millions, this is a joke to them.

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