News & Alerts
September 23, 2019 OIL AND GAS WIN IN BOULDER COUNTY WITH HUNDREDS OF MILLIONS AT STAKE
On September 23, 2019, lawyers from Jost Energy Law, P.C. and co-counsel, Wheeler Trigg O’Donnell, secured a complete victory for Crestone Peak Resources Operating, LLC in a lawsuit brought by Boulder County that challenged several of Crestone’s oil and gas leases. In several of the Judge’s orders, the Court reused verbatim, Crestone’s central arguments in its Motion and Reply briefs. The Court held that certain claims were “frivolous and groundless” and has set a hearing on January 18, 2020 to determine attorneys’ fees and costs due from Boulder County to Crestone. Boulder’s lawsuit involved an attempt to invalidate multiple leases that would have impacted Crestone’s $600+ million investment in the DJ Basin. This victory cleared a major hurdle to significant future development in eastern Boulder County.