McWhinney files letter of intent for Loveland oil and gas drilling
LOVELAND — McWhinney Real Estate Services Inc. subsidiary MRG LLC intends to construct multiple well pads for oil and gas development. According to a letter of intent sent to Loveland officials, plans are in place for two multiple well pads in east Loveland.
The letters of intent were submitted after MRG completed the city’s development review process. The letters signal that further plans for the sites will be submitted as the process gets underway.
If approved, construction on the two sites could begin as soon as January 2023, with drilling planned that February. Oil and gas production could start in September of…
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