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XOG - Colorado drillers slide after ban measure makes way to November ballot
Extraction Oil & Gas Inc.
Shares of energy companies active in Colorado extend yesterday's losses on news that Initiative 9, a measure that would prohibit any new oil and gas development on non-federal land closer than 2,500 ft. from homes and schools, received enough valid petition signatures to qualify for the Nov. 6 election ballot in the state: NBL-1.4%, APC-1%, XOG-4.5%, SRCI-5.6%, PDCE-3.9%, LBRT-4.6%, HPR+1.3%.
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