Gasco Energy gets BLM clearance for Utah drilling project

06/18/2012 | CNBC

Gasco Energy's plan to drill nearly 1,300 wells in Utah's Desolation Canyon secured the Bureau of Land Management's approval. Under the agreement, the company is barred from drilling within five miles of the Green River. Gasco will "responsibly develop the energy resources within this field," said W. King Grant, the company's president and CEO.

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