Crestone named ‘Gold Leader’ in Colorado Environmental Leadership Program

Program recognizes company’s efforts to voluntarily go above and beyond in its commitment to environmental leadership

DENVER – October 6, 2020 – Crestone Peak Resources was named a 2020 ‘Gold Leader’ by the Colorado Department of Public Health and Environment (CDPHE) Environmental Leadership Program for its efforts to safeguard public health and the environment while producing energy in Colorado.

This is Crestone’s second year in the program and first time achieving Gold Leader status, which it will maintain for three years. The statewide program recognizes Colorado companies that voluntarily go above and beyond compliance with state and federal regulations and are committed to continual environmental improvement. Gold Leader status is awarded when a company has a fully operational, facility-specific Environmental Management System (EMS) and has met strict compliance requirements.

“We’re pleased to be recognized by CDPHE for our responsible energy development practices that safeguard the quality of life and public health of all Coloradans,” said Tony Buchanon, president and CEO of Crestone Peak Resources. “Stewardship is one of Crestone’s core values and this award is a direct result of our efforts to identify and invest in new solutions and collaborate with communities to produce affordable energy here in Colorado.”

Crestone has created, invested in and adopted several technologies for reducing the temporary impacts of producing energy on nearby communities, including protections for air quality, water, wildlife and quality of life. Notable Crestone operations practices recognized by the program include:

  • Real-time, continuous air quality monitoring: Earlier this year, Crestone became the first energy company in Colorado to adopt a continuous, real-time air quality monitoring system for the vast majority of its Colorado production locations. For more information on the pilot program and technology from Project Canary, see the news release here.
  • New High-Performance Drilling Fluid: Crestone became the first Colorado energy producer to use an innovative synthetic drilling fluid that’s virtually odor-free, non-toxic and biodegradable. Learn more here.
  • The Hub: Crestone reduces truck traffic around oil and gas sites and eliminates the need for tanks on some well pads by using pipelines and central gathering facilities, like the ‘The Hub’, to remove and store oil on its way to market. The Hub was commissioned in 2017 and is used with well sites in Weld County.

Crestone also was recognized for its efforts to engage with and give back to the communities where it produces energy, supporting a variety of causes including educational programing with St. Vrain Valley Schools, involvement in local county fairs and livestock shows, meal donations to Weld Food Bank and serving as title sponsor for a new outdoor gym in partnership between the Town of Frederick and National Fitness Campaign.

For further information on Crestone’s efforts, visit its CDPHE’s program company profile. For more information on Crestone’s stewardship efforts, visit the ‘operations’ tab of the website.

About Crestone Peak Resources

Crestone Peak Resources is an independent energy company focusing on the acquisition, exploration, development, and production of oil and gas reserves in the Rocky Mountain Region. Formed in 2016, Crestone’s team of nearly 200 professionals has significant operating experience, deep ties to communities in Colorado, and is committed to operating safely and responsibly. Crestone’s acreage is located in the Greater Wattenberg Field of Colorado’s Denver-Julesburg Basin. The company is headquartered in Denver and has offices in Firestone and Watkins. For more information, visit www.crestonepeakresources.com/.