Proposed drilling project in Colorado hangs in the balance after decision is delayed [CBS News]
Civitas Resources, Inc. (CIVI)
Last civitas resources, inc. earnings: 8/7 04:15 pm
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Source: CBS News
The Civitas Resources project at the Draco Pad in Weld County could add 26 new wells with horizontal drilling going as far as 5 miles out underground. This would go into Boulder County and underneath neighborhoods in Erie. Some residents like Skylar Weitzal have safety concerns about the lines going underneath his neighborhood. "If this project is approved, I don't I don't see us staying in our current neighborhood that we've raised our kids in," Weitzal said. "We've already looked at potentially listening our home." Weitzal shared that he lives near one of the dozens of preexisting wells in Erie that could post a risk when close to new drilling. Now, he's worried this could impact his insurance rates. "If you've got active oil and gas exploration underneath your home, a mile and a half underneath your home, it would be tough as an insurance company to not be more concerned about the risk," Weitzal said. But Civitas and Weld County backed the project and say they've mitigat
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CIVI
News
- Colorado commission puts the pause on drilling project that would have gone under Erie neighborhoods [CBS News]CBS News
- Civitas Resources Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Civitas Resources Inc (CIVI) Q3 2024 Earnings Call Highlights: Strong Financial Performance and ... [Yahoo! Finance]Yahoo! Finance
- Civitas Resources, Inc. Declares Quarterly Cash DividendBusiness Wire
- Civitas Resources, Inc. Reports Third Quarter 2024 ResultsBusiness Wire
CIVI
Earnings
- 11/7/24 - Miss
CIVI
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/8/24 - Form 4
- CIVI's page on the SEC website