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New order from the Colorado governor hopes to protect greater sage grouse

An executive order signed by Colorado’s Governor John Hickenlooper last week aims to keep the greater sage grouse off the endangered and threatened species lists. The order puts into effect a number of mechanisms to help with conservation efforts of the sage grouse while the U.S. Fish and Wildlife Service (FWS) contemplates whether or not the species should be protected under the Endangered Species Act (ESA).

According to the text of the executive order, “We firmly believe that state-led efforts provide the most effective approach to protecting and conserving the species and its habitat. The listing of the greater sage grouse under the ESA would have a significant and detrimental economic impact on the state.”

If the sage grouse were placed under the protection of the ESA, it would mean new restrictions for oil and gas and other kinds of development in its habitat areas.

Hickenlooper’s order includes:

  • Increased coordination among state agencies with the Colorado Parks and Wildlife department;
  • Launching a market-based habitat exchange;
  • Taking an inventory of state lands that have sage grouse populations, and improving the habitats on the land;
  • Require the Colorado Oil and Gas Conservation Commission to “develop a comprehensive tracking system for oil and gas development in sensitive habitat,” and mitigate impacts of development on land used for conservation.
Sage-Grouse-Map-Highlighted

Source: BLM Shaded area north of Denver is Weld County.

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Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.