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June 2, 2014: First Temporary Lease of Water for Energy Approved in Montana

A few weeks ago, the Montana Dept. of Natural Resources granted the first temporary lease of water under the new Section 85-2-427, MCA statutory process. The process was created to expedite water leasing for oil and gas development. The Water Sage team is excited to share insights and analysis of policy developments as Western states adapt their legal frameworks to facilitate transactions around water resources.