06/12/2026
UPDATE: The agreement Council will be discussing and considering on June 16 has been updated. Previously, one provision was that the Town would receive, "2% of undivided revenue interest in all oil, gas, and other hydrocarbons sold
from such Draco Well" and now the agreement is for 3%. See the redlined version on the webpage.
The Erie Town Council will discuss and consider approval of a proposed Mineral Rights Agreement during its regular meeting on Tuesday, June 16, at 6:30 p.m.
Community members who wish to participate may:
• Attend in person at Town Hall (already a handful have signed up to speak)
• Join the meeting online
• Submit written comments in advance (already 119 have been submitted)
Please note that capacity at Town Hall is limited. Residents may wish to consider participating online or signing up for their chance to speak early.
Review the agreement documents, FAQs, participation options, and meeting information on our website:
www.erieco.gov/2657/Draco-Well