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Citizens for the Wyoming Range

After three years of work, a conservation group and a petroleum companyreached a deal that will prevent gas drilling in the Wyoming range. 

The Trust for Public Land announced in Jackson today that it plans to buy out nearly 58,000 acres of oil and gas leases from Houston-based Plains Exploration and Production Co.  The leases were for a pristine area of the Bridger-Teton National forest.

Citizens for the Wyoming Range

A land conservation group has reached a long-sought agreement to prevent a gas drilling project in northwest Wyoming by buying out a vast area of mineral leases inside Bridger-Teton National Forest.
 
 The Trust for Public Land tells The Associated Press it plans to buy out 58,000 acres of oil and gas leases owned by Houston-based Plains Exploration and Production Co. for $8.75 million.
 
 PXP confirms the agreement, to be formally announced Friday. The deal would end PXP's plans to drill 136 gas wells near the Hoback River headwaters inside the national forest.