3/5/2012

ConocoPhillips' mineral rights lease that would allow oil and natural gas drilling in Colorado's Lowry Range was cleared by the state's Land Board. "We're pleased that the State Land Board has awarded this contract," said Peter Cramer, the company's manager of exploration in the U.S. Conoco needs to accomplish "a lot of work" before it deploys drilling rigs to the area, he added.

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