Energy watchdog seeks appeal to Supreme Court over abandoned wells
April 28, 2017
By Reid Southwick
Alberta’s energy watchdog wants to thrust a small, bankrupt energy company into the national spotlight and set a precedent for Canada’s oil and gas industry.
The Alberta Energy Regulator said Friday it would ask the Supreme Court of Canada for permission to appeal a recent Alberta ruling that industry officials fear will lead to an influx of abandoned oil and gas wells across the landscape.
Redwater Energy Corp., which had just 16 producing wells when it folded in the spring of 2015, has already attracted widespread attention in the industry because of the case’s potentially sweeping implications. Read more…