Colorado's new oil and gas regulations could get a test as officials consider a struggling company's effort to show it can meet its obligations under the law.
Two Front Range communities want the state to force K.P. Kauffman to close its aging, low-producing wells to protect public health and the environment.
Two Front Range communities want the state to force K.P. Kauffman to close its aging, low-producing wells to protect public health and the environment.
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GTC’s headquarters is currently at 700 Weaver Park Road in east Longmont.
“This is an exciting move for us,” GTC President Todd Schroeder said in a written statement. “Frederick has retained its small town, family orientation, which resonates for us as a tight-knit firm whose employees value our ‘family feel.’ Additionally, the town’s location on the I-25 corridor will allow us faster access to all of our projects up and down the Front Range. Frederick’s dynamic growth will also present a number of opportunities for us in and around the town, itself,” Schroeder said.
Frederick offered GTC incentives to relocate under a new policy to create jobs in the community.