Escalera

Denver-based Escalara Resources Co., whose strategy is to explore and develop natural gas, is building its arsenal after buying producing wells and interests in the Atlantic Rim of Wyoming's Washakie Basin from Warren Resources Inc.

With the pullout of a natural gas supplier, plans for a gas-to-liquids (GTL) plant for turning natural gas into diesel fuel in Cheyenne, WY, have hit another potential roadblock, but its principal backer says the $1.8 billion project will move forward.

With the pullout of a natural gas supplier, plans for a gas-to-liquids plant for turning natural gas into diesel fuel in Cheyenne, WY, have hit another potential roadblock, but its principal backer says the $1.8 billion project will move forward.