‘A high price’: Demand for oil drilling in Florida Panhandle sparks environmental outcry – Tallahassee Democrat

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‘A high price’: Demand for oil drilling in Florida Panhandle sparks environmental outcry – Tallahassee Democrat

After a series of abandoned attempts by others, another company hopes to exploit oil in the fragile Apalachicola River Basin, sparking a new wave of opposition from environmentalists and other concerned citizens.

Clearwater Land & Minerals Fla, whose principals are from Shreveport, La., applied in December for a state permit to conduct exploratory drilling in Calhoun County in a well between the Apalachicola River, the largest river in Florida by volume, and the Chipola River, just north of the Dead Lakes.

The exploratory well was built by Cholla Petroleum, a Dallas, Texas, company that abruptly abandoned long-standing plans to explore for oil at the site in 2021. Cholla, which had conducted seismic testing for several years earlier, packed his gear and left. on the eve of drilling after the death of one of its main investors.

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