In a recent release, Governor Mark Gordon announced that up to $12 million of the remaining CARES Act funds will be used for the Energy Rebound Program.
According to a press release from the Governor's office, the Energy Rebound Program 'will utilize up to $15 million in CARES Act funding to provide business relief targeted towards drilled, but uncompleted oil and gas wells (DUCs), wells that were unable to be recompleted, and plugging and abandonment (P&A) projects which could not be finished due to the impacts of the COVID-19 pandemic.'