Supreme Court to decide on handling of abandoned oil wells

The Supreme Court of Canada will hear an appeal over a ruling that could allow energy companies to walk away from cleaning up abandoned oil wells

The Supreme Court of Canada says it will hear an appeal from Alberta’s energy regulator over a ruling that could allow energy companies to walk away from cleaning up abandoned oil wells and affect industrial sites across the country.

In May 2016, an Alberta Queen’s Bench judge ruled in favour of the bankruptcy trustee of Redwater Energy Corp., saying proceeds from the sale of assets from bankrupt energy companies should go first to creditors, not to cleaning up the mess from the company’s operations.

Redwater’s trustee and its lender wanted to sell off the company’s remaining producing wells to pay creditors, arguing a bankruptcy trustee is free to pick and choose from among the company’s assets and disclaim unproductive oil and gas wells.

Related: Politicians criticize Trudeau’s reaction to critics of Energy East demise

Disclaimed wells would be abandoned and left to the Orphan Well Association, an industry-funded and government-backed group, to clean up.

In a split decision last April, Alberta’s Appeal Court backed the original judge, saying federal bankruptcy law takes precedence over provincial environmental rules.

As usual, the Supreme Court gave no reasons for agreeing to hear the appeal.

The Canadian Press

Just Posted

Penticton businesses in the running for Small Business BC Awards

Two Penticton businesses have made it to the finals of the 15th Annual Small Business BC Awards

B.C.’s biggest pot plant planned for Oliver

Co-founder Tony Holler said the 700,000 sq. ft. facility would produce 100,000 kg of pot per year

Penticton Vees forward Klack clicking with new linemates

Sidelined with an injury for 63 days Chris Klack is back with the Penticton Vees

Princeton woman who forged husband’s will gets house arrest

Judge says Odelle Simmons did not benefit from her crime

Foundry linked with new youth mental health web site

New website to improve mental health and wellness for young people in B.C.

Washroom blaze at Princess Maggie

Fire crews say the fire appears to have started in the washroom’s garbage bin

Fernie, RCMP go to court over city log books in fatal ammonia leak probe

Log books center stage in clashing of investigations between the city and RCMP

High-end whisky seized in B.C. bar raids

Raids end in seizures at Victoria, Nanaimo and Vancouver whisky joints

Train derails in Northwest B.C.

CN reports no injuries or dangerous goods involved after coal train derailment.

Double-doubles and demonstrations: Employees rally outside Tim Hortons

Protests held in response to Ontario franchise owners cutting employee benefits and breaks

It’s all in the black for Roots & Blues

While they didn’t rake in the dough, the 2017 event made a modest profit

Las Vegas shooter acted alone, exact motive still undetermined: Sheriff

Stephen Paddock was behind the gunfire that killed 58 people including two Canadians

Botox, bomb shelters, and the blues: one year into Trump presidency

A look into life in Washington since Trump’s inauguration

Christopher Garnier appealing murder conviction in death of off-duty cop

Jury found Garnier guilty in December, rejecting his claim she died accidentally during rough sex

Most Read