Wild Horse Reservoir is currently in the planning and permitting phase. Preliminary design work has started. Field studies, including geotechnical exploration, engineering and design work is underway.

Aurora is working with local, state and federal entities to permit the reservoir. The Bureau of Land Management (BLM) is conducting the NEPA process. The NEPA study is proposed to begin in 2024 and should take about two years to complete.

The project would also require dam safety, fish and wildlife, and highway crossing permits issued through the State of Colorado. Aurora would apply for a 1041 permit with Park County. The county would also need to approve rezoning as well as road relocation and improvements.