by Darryl | Apr 9, 2023 | News
In the midst of the most significant petroleum downturn in decades, Canadians are concerned about the number of inactive and “orphan” oil and gas wells in western Canada and the associated public liability. In these economically and politically uncertain times, environmental groups and the general public are urging politicians and regulators to set aggressive abandonment and reclamation timelines and hold the industry accountable.
by Darryl | Apr 9, 2023 | Case Studies
The collapse of natural gas prices in 2009 hit Alberta’s natural gas producers hard. In the face of a natural gas glut, companies were forced to tear apart their cost structures to preserve cash flow. Signalta Resources Limited, a privately-held exploration and...
by Darryl | Apr 8, 2023 | Uncategorized
Alberta’s energy regulator has asked the Supreme Court of Canada to review a ruling that could allow energy companies to walk away from cleaning up abandoned oil wells and affect industrial sites across the country.