SALT LAKE CITY — An energy company owned by the Ute Indian tribe announced an agreement Wednesday to expand oil drilling in the Uintah Basin.
The Rocky Point Exploration and Development Agreement will allow Ute Energy and its partner Newfield Production Company, to explore, develop and market oil and gas from an additional 19,000 acres on the Uintah and Ouray Reservation located in northeastern Utah, stated a press release from Ute Energy.
The acquisition complements 26,300 acres of Ute Tribal lands, allotted lands and fee lands previously acquired and provides up to 132 additional drilling locations based on 40 acre spacing. Ute Energy plans to drill 54 wells in 2011.
- Man accused of killing UTA worker dies in prison
- Women underrepresented across Utah's...
- Mike Lee, US Senate to hold monument meeting...
- 7 tips for summer travel while pregnant
- Utah Democrats headed to 'historic' national...
- Three hurt when ATV explodes into flames as...
- Photo gallery: Deseret News Classic 5K
- Ogden man dies following U.S. 89 motorcycle...
- If Mitt Romney endorsed Gary Johnson,... 66
- Planned Parenthood 'CTR' campaign draws... 64
- New rule sparks debate over teacher... 48
- Utah Democrats headed to 'historic'... 30
- Utah Democrat: Kaine 'kind of person we... 24
- Sanders urges Utah and other... 24
- San Juan County residents say 'doodah'... 21
- Shurtleff exonerated, but questions and... 18