Energy policy — oil shale: Exxon and others in the hunt for leases

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From the Grand Junction Daily Sentinel (Dennis Webb):

The Bureau of Land Management received two applications in Colorado and one in Utah in its second offering of oil shale research and development leases, agency spokesman Matt Spangler said Monday…

Spangler was unable to provide any additional comment Monday about the new lease applications, including who applied. However, representatives of ExxonMobil and Arizona-based AuraSource Inc. said their companies filed an application…

ExxonMobil unsuccessfully sought a lease during the first round of leasing. The company is trying to develop a process involving running an electrical charge through shale deposits underground to heat and free kerogen that can be brought to the surface via wells. Eric Stoppenhagen, chief financial officer for Arizona-based AuraSource Inc., said it applied for a Utah parcel. AuraSource has been pursuing a surface retort process incorporating technology tested in China.

More oil shale coverage here and here.

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