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crestone_peak_resources_prehearing_statement_and_r.pdf

Crestone Wins Exclusive 6-Year Oil and Gas Rights in Lowry Ranch CAP

Energy & Carbon Management CommissionCRESTONE PEAK RESOURCES OPERATING LLCOctober 20, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The ECMC formally approved the Lowry Ranch Comprehensive Area Plan, granting Crestone Peak Resources Operating LLC exclusive rights from August 7, 2024, to August 7, 2030, to develop oil and gas resources across multiple geological formations for 32,000 acres in Arapahoe County. The order includes mandates for environmental controls, electrification, and pipeline takeaway.

Contract Details

Vendor

CRESTONE PEAK RESOURCES OPERATING LLC

Agency

Energy & Carbon Management Commission, CO

Contract Type

OTHER

Document Date

October 20, 2025

Contract Term

August 7, 2024 – August 7, 2030 (Lowry Ranch CAP duration)

Renewal Date

2030-08-07

Renewal Info

Order expires August 7, 2030, with eligibility for extension if Crestone submits a qualifying application under Rule 314.c.(2). No auto-renewal; requires new application and Commission approval to extend duration.

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