WorldOil Colorado Petroleum Council responds to Gov. Hickenlooper's safety proposals Colorado Petroleum Council (CPC) today released a statement in response to Gov. Hickenlooper’s proposals on industry safety. U.S. operators are teed up for a drilling resurgence Drilling activity is noticeably higher, as American drillers climb out from historically low levels. Foothills Exploration announces acquisiton of Uinta-Piceance basin assets Foothills Exploration, Inc., an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, today announced that it has entered into a purchase and sale agreement with an undisclosed seller. Crestline acquires DJ basin assets from Double Eagle CL Energy Opportunity Fund, a fund managed by Crestline Investors, has announced the acquisition of the non-operating working interests in the DJ basin of Colorado from Double Eagle Energy Rockies LLC, an affiliate of Double Eagle Energy Holdings II LLC, a Fort Worth-based EandP company. Extraction Oil and Gas closes DJ basin acquisitions Extraction Oil and Gas, an EandP company with primary assets in Wattenberg field in the Denver-Julesburg basin of Colorado, has closed two separate transactions to acquire approximately 16,800 net acres in the DJ basin for an aggregate cash consideration of $177 million. Operators in Colorado dodge $10 billion-a-year threat to output Oil and natural gas explorers from Anadarko Petroleum Corp. to Synergy Resources Corp. have escaped a vote in Colorado that would’ve limited drilling and threatened to halt about $10 billion worth of oil and natural gas production a year. Executive viewpoint Well, good luck with that Bill Barrett Corp. to resume DJ basin development campaign Bill Barrett Corporation will resume its extended reach lateral (XRL) development program in the Denver-Julesburg (DJ) basin during the third quarter of 2016, the company said Monday. Memorial Production Partners sells non-core properties in Permian, Rockies Memorial Production Partners (MEMP) has closed a transaction to sell certain assets in the Permian basin for a cash consideration of approximately $37.4 million. Noble, PDC Energy trade acreage in Colorado's DJ basin PDC Energy has entered into definitive agreements with Noble Energy and certain affiliates to consolidate certain acreage positions in the Wattenberg area of northern Colorado.