In the News
Headlines
“Quantum Capital to acquire Caerus Oil and Gas assets for $1.8 bln”
August 19, 2024 Reuters
“Colorado is a national leader on remediating ‘orphaned’ wells”
August 28, 2021 in The Daily Sentinel
Caerus’ CEO Dave Keyte sets the facts straight on orphan wells.
“Water from Ruedi Reservoir to be released to Fryingpan, Roaring Fork and Colorado rivers”
August 27, 2021 in Aspen Daily News
Caerus is pleased to be able to support the efforts of the Colorado Water Trust.
Caerus provided 2800 acre feet of water to the Colorado Water Trust to maintain flows in the 15-Mile Reach of the Colorado River. The 15-Mile Reach is a stretch of the Colorado River that starts east of Grand Junction and stretches to the confluence with the Gunnison River just west of Grand Junction. The water is being released from Ruedi Reservoir to the Fryingpan, Roaring Fork, and Colorado Rivers, It will bring flows in the Fryingpan River closer to their average, cool water temperatures on the Roaring Fork River, generate clean energy in the Grand Valley Power Plant, and subsequently increase 15-Mile Reach flows. The 15-Mile Reach flows will support four species of endangered fish, including the Colorado pikeminnow, humpback chub, bonytail, and razorback sucker, as well as supporting agricultural water deliveries and the regional recreational economy. The energy generated by the water flowing through the Grand Valley Power Plant will produce 2,000 Megawatt hours of power, displacing CO2 from coal fired power plants equivalent to 1 million vehicle miles.
Click for more information on the Colorado Water Trust’s work on restoring flows at 15-Mile Reach.