2nd company seeks ‘suspension’ of Thompson Divide leases

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A second energy company whose oil and gas leases in Thompson Divide are set to expire this year has asked the Bureau of Land Management to “suspend” the leases in order to keep them valid.

Ursa Piceance LLC filed the request Tuesday with the BLM field office in Silt. Ursa acquired the seven leases, including five that involve land in Pitkin County, from Antero Resources Piceance Corp. last year, but reassignment of them hasn’t been approved formally by the BLM. Both entities jointly requested the suspension, though it came to the BLM on an Ursa letterhead.

The move follows a similar request last week by SG Interests to suspend 16 leases it holds in the Thompson Divide area that are poised to expire.

The Ursa/Antero leases, covering nearly 12,000 acres, are primarily in Pitkin and Mesa counties but include a small portion of Garfield County, according to the BLM. The Ursa leases are west of SG’s leases. Both companies are based in Houston.

Read more at AspenTimes.com.

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