Tag: Colorado Oil
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Denver-based Bayswater increases oil and gas holdings in Weld County
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Denver-based oil and gas company Bayswater Exploration & Production inked a deal to secure more acreage and drills in the Denver Julesburg Basin in Weld County, according to a news release. The “asset purchase agreement” with Nickel Road Operating LLC includes 2,752 net leasehold acres, 161 net mineral acres and 17 producing wells. All are…
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Denver-based oil and gas company to lay off 159
Denver-based Crestone Peak Resources plans to lay off 159 workers in Denver, Weld, Douglas and Arapahoe counties, according to documents filed with the Colorado Department of Labor and Employment. The department requires companies operating in Colorado to report large layoffs. In a “warn listing” filed last week, Crestone announced the 56 eliminated positions in Denver,…