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Crestone alleges state regulators are taking its mineral rights

A crew with Extraction Oil and Gas Inc. is seen re-plugging an abandoned well last month near Berthoud. Extraction, Broomfield and the Colorado Oil and Gas Conservation Commission have been sued by Crestone Peak Resources for allegedly blocking access to property on which Crestone intends to drill.

(Jenny Sparks, Loveland Reporter-Herald)

A crew with Extraction Oil and Gas Inc. is seen re-plugging an abandoned well last month near Berthoud. Extraction, Broomfield and the Colorado Oil and Gas Conservation Commission have been sued by Crestone Peak Resources for allegedly blocking access to property on which Crestone intends to drill.

Crestone Peak Resources has filed a lawsuit urging Denver District Court to throw out another oil and gas operator’s application to drill in Broomfield.

The Denver-based company alleges in a 27-page filing that by approving Extraction Oil and Gas Inc.’s plans, state regulators have blocked Crestone from its own mineral rights.

“We looked for other alternatives to have our case heard, and this is the only way to have another hearing,” Crestone spokesman Jason Oates said.

The lawsuit, filed last week, names the City and County of Broomfield, Extraction and the Colorado Oil and Gas Conservation Commission — the state’s regulatory agency of the oil and gas industry — as defendants.

The issue arises from hearings on Oct. 30 and 31, in which the Colorado Oil and Gas Conservation Commission denied Crestone’s drilling and spacing unit application to develop 1,920 acres for up to 29 wells in Weld County.

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