Governor Mark Gordon has re-launched the Energy Rebound Program designating $12 million of the remaining CARES Act funds to boost employment in the oil and gas sector
The Wyoming Oil and Gas Conservation Commission (WOGCC) is administering the program which is providing business relief targeted towards wells that were unable to be recompleted, and plugging and abandonment (P&A) projects which could not be finished due to the impacts of the COVID-19 pandemic.
Governor Gordon said. “The first round of funding proved to be a shot in the arm for many Wyoming-based service companies. This second round will add to that success.” Governor Gordon also states “Wyoming’s economic recovery has not been uniform, and the utilization of some of the remaining CARES act funds is necessary and appropriate to help our oil and gas industry continue on the road to recovery,”