"A Santa Fe nonprofit has now purchased more than half of a 13,222-acre former ranch in the Galisteo Basin that it intends to use for open space and new homes.
The recent acquisition of 2,444 acres brings Commonweal Conservancy's total holdings to date to 8,235 acres.
Commonweal has an agreement to purchase the former Thornton family ranch in phases.
The purchases include not just the land but also the mineral rights, at least in cases where the family owned them, spokeswoman Lauren Whitehurst said Saturday. Some of the mineral rights are also owned by the Bureau of Land Management, she said.
Mineral rights have become a big concern in recent months among land owners in the region ever since Tecton Energy of Houston announced plans to explore for oil and gas."
The recent acquisition of 2,444 acres brings Commonweal Conservancy's total holdings to date to 8,235 acres.
Commonweal has an agreement to purchase the former Thornton family ranch in phases.
The purchases include not just the land but also the mineral rights, at least in cases where the family owned them, spokeswoman Lauren Whitehurst said Saturday. Some of the mineral rights are also owned by the Bureau of Land Management, she said.
Mineral rights have become a big concern in recent months among land owners in the region ever since Tecton Energy of Houston announced plans to explore for oil and gas."
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