May 5, 2014

Oil and gas issue committee raises $2.1 million

A political issue committee formed to oppose ballot initiatives that attempt to limit or ban hydraulic fracturing has raised $2.1 million, according to a report filed Monday with the Colorado Secretary of State’s Office.

Protecting Colorado’s Environment, Economy and Energy Independence, formed by Anadarko Petroleum Corp. (NYSE: APC), Noble Energy Inc. (NYSE: NBL) and other oil companies, received contributions from Calfrac Well Services Corp., PDC Energy Inc. (Nasdaq: PDCE) and Whiting Petroleum Corp. (NYSE: WLL).

The largest contributions came from Noble Energy, Anadarko and Whiting Petroleum, which contributed $500,000 apiece. The report lists contributions made from Jan. 1 through April…

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