August 5, 2014
Southwestern Energy has an office at 390 Yampa Ave. in Craig and a small office in Steamboat Springs. The company recently announced a $31 million acquisition of 74,000 net acres of mineral leases in the Niobrara shale formation, adding to the 306,000 net acres it acquired for $183 million in March.
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Drilling in Moffat, Routt counties will continue through 2015
Southwestern Energy’s oil and gas play in Northwest Colorado got much bigger in July after the company entered an agreement to acquire an additional 74,000 net acres of mineral leases in the Niobrara shale formation for $31 million.