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Mon November 26, 2012
Fundraising For Bridger-Teton Drilling Is Going Slow
An effort to buy oil and gas leases in western Wyoming to protect the land from development is raising funds at about half the speed needed to complete the $8.75 million deal.
Since the historic agreement to buy 58,000 acres of oil and gas leases south of Jackson was announced in October, Trust for Public Land has raised $1.28 million of the $4.25 million it needs. That gives the trust less than six weeks to raise about $3 million.
Conservation groups sought an agreement with Plains Exploration and Production Co., fearing the industrial gas operation in the Bridger-Teton National Forest in Sublette County would disrupt migration routes and wildlife habitat.