In Stunning Reversal, Erie Town Council Approves Draco Mineral Rights Agreement

An Erie resident makes public comment in opposition to the sale of the Town's mineral rights to SM Energy. Seated behind are former Trustees Dan Woog and Scott Charles, June 23, 2026.

After previously failing to approve a contract agreement with SM Energy (the parent company of Civitas, Crestone Peak Resources, and Extraction Oil & Gas), the Town Council voted to reconsider the agreement, which ultimately passed by a 4–3 vote, with Councilmembers Baer, Hoback, and Pesaramelli voting no.

Nearly 50 people spoke on the matter, both in person and virtually, with a supermajority expressing opposition to the agreement. Speakers raised concerns about the sole-source contract awarded to Matt Owens of Alameda Energy Advisors and pointed to false statements and inflated revenue figures in a LinkedIn post made by Mr. Owens on June 17.

We stand with the impacted residents of Erie and Councilmembers Baer, Hoback, and Pesaramelli, who worked to bring concerns about the contract to light and to protect the health, safety, and interests of Erie residents.

For more information see this media coverage:

Previously:

The full recording of the meeting has been posted to the Town of Erie’s YouTube channel:

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