The Trust for Public Land Announces Agreement Reached to Prevent Drilling in Hoback Basin

Lease buyout will protect 58,000 acres of sensitive land in and around Wyoming’s Bridger-Teton National Forest, near Grand Teton National Park Local residents, ranchers, hunters and state officials express strong support for transactionJackson, WY—The Trust for Public Land announced today that it has entered into an agreement with Plains Exploration & Production Company (NYSE: PXP) to purchase oil and gas leases on 58,000 acres of environmentally sensitive land located in the Hoback Basin of the Wyoming Range. Once the transaction is completed, the leases will be retired, protecting the