Extraction Oil & Gas Launches Inaugural Environmental Social Governance Report
19 Marzo 2020 - 9:03PM
Extraction Oil & Gas, Inc. (Extraction) (NASDAQ: XOG) announces
the publication of its inaugural Environmental Social Governance
Report. The report, titled “
Above & Beyond,”
chronicles Extraction’s commitment to sustainability initiatives
and leading the industry in environmental, social and corporate
governance responsibility.
“Embarking on our first sustainability report is a particular
point of pride for Extraction,” said Matt Owens, President and CEO.
“From day one, we have committed to redefining ‘industry standard’
and setting a new high bar for safe and efficient operations
throughout Colorado. ‘Above & Beyond’ shows how we turn that
commitment into a reality and how we are uniquely positioned within
the industry to deliver sustainable returns to both investors and
the communities where we operate.”
An interactive version of the report is available for download
at: extractionog.com/commitment/
Highlights of the report include:
- A relentless focus on safety, including more than 2 million+
employee hours worked without a single recordable safety
incident.
- Innovations on new facilities that capture 99.9 percent of
emissions, protecting the air we all breathe.
- From inception of the company through April 2020, Extraction
will have paid more than $270 million in local and state
taxes.
- More than 65 community partnerships, including the Colorado
Preparedness & Response Network, which has trained more than
1,000 firefighters along the Front Range in emergency response
preparedness.
- For the second year in a row, Extraction was awarded Gold
Leader status in the Colorado Department of Public Health and
Environment’s Environmental Leadership Program for its commitment
to reducing environmental impacts.
- A Platinum rating from IES Trustwell for Extraction’s advanced
facility designs – the highest score ever awarded to any upstream
operator in the onshore U.S.
- Recognition for three years in a row as one of the Best Places
to Work by The Denver Post.
The report can be viewed on the Sustainability
page of Extraction’s new website at
www.extractionog.com.
Denver-based Extraction Oil & Gas, Inc. is an independent
energy exploration and development company focused on exploring,
developing and producing crude oil, natural gas and NGLs, primarily
in the Wattenberg Field in the Denver-Julesburg Basin of Colorado.
For further information, please visit extractionog.com. The
company’s common shares are listed for trading on the NASDAQ under
the symbol “XOG.”
Media Contact: Brian Cain,
info@extractionog.com, 720-557-8300Investor
Contact: Louis Baltimore, ir@extractionog.com,
720-974-7773
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