Citizen proposals didn’t get enough signatures, state says Synergy Resources jumped most in more than seven months Oil and natural gas explorers from Anadarko Petroleum Corp. to Synergy Resources Corp. have escaped a vote in Colorado that would’ve limited drilling and threatened to halt about $10 billion worth of oil and natural gas production a year. A proposal known as Initiative No. 78 , which would’ve restricted drilling near homes, fell about 21,000 valid signatures short of the total needed to qualify for a ballot vote, based on a projection in a statement from Colorado Secretary of State Wayne Williams. A measure allowing local governments to ban fracking also failed to attract enough valid signatures. Synergy, a Colorado oil and gas explorer, rose the most in more than seven months on the failed ballot initiatives. The measures had […]