EEG 3.70% 26.0¢ empire energy group limited

so when do we find out , page-67

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    GAPS happy to see someone has done their homework. I would be very surprised to see EEG being permitted to frack on their leases. Already the rules are tight enough in Erie. As per article below.


    Erie to allow drilling, but with tight rules

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    By Dallas Heltzell August 29, 2012
    ERIE - Oil and gas exploration and extraction once again will be allowed in Erie's town limits - but under a set of tough new rules.

    The town Board of Trustees voted Monday, Aug. 27, to let a six-month moratorium on new oil and gas operations expire, but approved by a 6-1 vote a series of agreements it has worked out with Anadarko Petroleum Corp. and Encana Oil & Gas about how their work will be done.


    Erie officials say they don't have the authority to permanently ban drilling because state law dictates that such activity be regulated by the Colorado Oil and Gas Conservation Commission, or COGCC. The Colorado Supreme Court affirmed that state authority in 1992, ruling that Greeley could not ban oil and gas drilling inside its city limits.

    The agreements - known as "memoranda of understanding" - include requirements that the companies use steel-rim berms around tanks and separators instead of sand or soil berms, use closed-loop systems for drilling and completion operations, find a better vapor-recovery system for new wells, maximize setbacks from occupied structures, and not use fluids for hydraulic fracturing - popularly known as "fracking" - which contain 2-Butoxyethanol, benzene or diesel.

    Meanwhile, Longmont's City Council voted 6-0 on Tuesday, Aug. 28, to put a citizens group's anti-fracking measure on the Nov. 6 ballot. The approval was required by a state law, which states that any referendum petition that gets enough signatures must be allowed to be submitted to voters. The measure needed 5,704 valid signatures to qualify for the ballot, and city officials validated 6,609.

 
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