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

Revelstoke child care centres receive $45,000 in CBT funding

The grants are for equipment purchases as well as outdoor space upgrades

Clouds and rain for election day in Revelstoke

Forecast from Environment Canada: Today: Cloudy. 30 per cent chance of showers… Continue reading

Revelstoke takes the plunge to support the Special Olympics

Fundraisers swam in Williamson Lake on Oct. 20

Rain in forecast for Okanagan-Shuswap region

Mixed bag of clouds, sun and showers forecast for the week ahead

Video: Revelstokians discuss issues for this election

Climate, economy, jobs were some of the deciding factors

Tories take North Okanagan-Shuswap riding with decisive lead

Incumbent Conservative MP Mel Arnold returns to Ottawa, Liberal Cindy Derkaz a distant second

Conservative candidate Tracy Gray wins Kelowna-Lake Country

The Canadian Press declared her the winner around 8:30 p.m.

Conservative Dan Albas wins Central Okanagan-Similkameen-Nicola

Supporters for candidates gather in West Kelowna to watch election results

Second young woman dies after rollover crash near Williams Lake

‘Someone’s going to get her heart, which is awesome, because she has the best heart in the world’

Google searches for ‘how to vote’ surge on Election Day

Interest spikes despite social media campaign by Elections Canada

Troll Grandfather bridges gap in Okanagan

Spotlight Kids’ Series show comes to Vernon Sunday

Alberta man pleads guilty, fined for hunting without a licence in North Island

It’s the responsibility of each hunter or angler to know whether they are considered a B.C. Resident.

Sentencing date set for former West Kelowna teacher charged with child luring

Former Mount Boucherie teacher Bradley Furman will be sentenced on Dec. 16

Most Read