Group claims oil firms transferred depleted wells to another company which then conspired to avoid clean-up through fraudCindy McCormick and her husband bought a new property in Hudson, Colorado, in 2020. It was expansive, close to friends and had a stunning mountain view.There was just one problem: an aging, abandoned oil well sat on one far edge of the land. The couple was a bit concerned, but the realtor and the well’s owner, Painted Pegasus Petroleum, assured them that it would be cleaned up. Continue reading…
Source link : https://www.theguardian.com/us-news/2024/feb/29/colorado-oil-company-sued-clean-up-fraud
Author : Dharna Noor
Publish date : 2024-02-29 17:00:31
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Colorado landowners sue oil company over clean-up of ‘orphaned’ well
