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Federal agents raid Colorado oil company with wells in Oklahoma, Texas

BASALT, Colo. — Federal agents with the FBI, IRS and Bureau of Land Management have served a search warrant at the offices of Crystal River Oil and Gas in Basalt.

BY THE ASSOCIATED PRESS Published: July 31, 2013
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BASALT, Colo. — Federal agents with the FBI, IRS and Bureau of Land Management have served a search warrant at the offices of Crystal River Oil and Gas in Basalt.

IRS special agent Karen Gurgel said the action on Tuesday is part of a criminal investigation, but she did not elaborate.

Crystal River Oil and Gas operates 300 oil-and-gas producing wells in six states, with a focus on Texas and Oklahoma. It also has offices in California.

A local newspaper reports no one from the company could be reached for comment Tuesday and no arrests were made.

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