Crestone Peak Resources Community Office685 Briggs Street, 2nd floorErie, CO 80516
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The Board of Trustees voted 4-2 to approve a resolution to adopt an updated operator agreement with Crestone Peak Resources LLC. The updated operator agreement replaces the 2015 agreement with Encana.
Crestone Peak Resources purchased all of Encana's DJ Basin assets in July of 2016. This transaction included all of Encana's 51,000 net acres in the DJ Basin and all of the producing wells and potential, future locations to be developed.