In 2016, the Lost Valley Dairy drilled three wells into an already-dwindling aquifer without telling the state of Oregon.

In 2016, the Lost Valley Dairy drilled three wells into an already-dwindling aquifer without telling the state of Oregon.

Molly J. Smith/Statesman Journal

The owner of a controversial Oregon dairy wants to sell the facility and cattle rather than immediately liquidate the herd as sought by a major creditor.

Greg te Velde, the owner of Lost Valley Farm in Boardman, Oregon, has asked a bankruptcy judge for permission to hire a real estate broker to sell the dairy and nearly 7,300 acres for $95 million.

Roughly 8,750 milk and dry cows and 3,380 heifers would be listed for $14 million under the proposed agreement with Schuil & Associates, a brokerage firm specializing in agriculture in Visalia, California.

A potential investor may already be interested in the dairy.

Read the whole story at the Capital Press.