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Colorado oil and gas regulators are poised to set a dubious record next week when nearly $1 million in fines will be levied against a company for essentially abandoning eight gas wells in Rio Blanco County. But state officials never expect to see a penny from the now-bankrupt operator.
A dubious record will likely be set when the Colorado Oil and Gas Conservation Commission (COGCC) meets over the next two days in Adams County: the highest fine ever levied against an oil and gas company for a spill in the state of Colorado.