Conservationists team up to purchase bayside ranch

The full moon rises over Biloxi's beach and lighthouse in Biloxi, Mississippi. Biloxi's beaches continue to be impacted by tar balls and weathered oil from the BP oil spill in 2010. (File) (Mario Tama, Getty Images)
The full moon rises over Biloxi's beach and lighthouse in Biloxi, Mississippi. Biloxi's beaches continue to be impacted by tar balls and weathered oil from the BP oil spill in 2010. (File) (Mario Tama, Getty Images)
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Updated: 8/21 5:31 am

HOUSTON (AP) — The Texas Parks and Wildlife Foundation and partners will announce Thursday the purchase of a sprawling ranch 75 miles northeast of Corpus Christi with funds put aside after the BP oil spill.

It's to be converted into a state park.

The $37.7 million purchase represents the biggest spend on land in Texas for conservation. The agency says an additional $13 million will be spent on habitat restoration and an endowment.

The cost is largely covered by a BP and Transocean fund created in the wake of the Deepwater Horizon oil spill in 2010.

The property contains thousands of acres of freshwater wetlands, salt marshes, tidal flats, oyster beds and live Oak.

The agency's executive director, Carter Smith, says it "plays an important role in protecting the integrity" of Matagorda Bay.

 

©2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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