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

Giants ground Rockets in WHL action

Vancouver builds early lead, never looks back in 6-1 win at Langley Events Centre

VIDEO: emergency landing near Langley airport

Plane lost power during take-off

Crash on 200 Street in Langley Township

Report of traffic congestion following late morning accident

Langley Mounties nab suspected purse snatchers in Remembrance Day robbery

A man and woman are behind bars thanks to reports of a suspicious vehicle in Brookswood on Nov. 11.

Heavy downpours expected in parts of Metro Vancouver

Heavy rain will begin to ease off Sunday evening as the frontal system moves south out of the area

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Start on time: Canucks looking to shake first-period struggles

Canucks centre Bo Horvat said the formula for getting a leg up is there for everyone to see

COMMUTER ALERT: Snowfall warnings in effect across B.C.

Travelling this weekend? Check the forecasts before hitting the road

Drones take off to search for missing North Okanagan women

A volunteer search party was supported by professional drone operators

Tips for keeping your personal data safe, from the experts

It’s important to keep your ‘online footprint’ safe

Lights to turn blue ahead of funeral for fallen Abbotsford police officer

Buildings across B.C. are going blue Saturday night in honour of Const. John Davidson

Ride-share pioneer drives up quietly to B.C. battleground

Lyft approaches B.C. without Uber bombast, eyes small towns

Crash shuts down Highway 91 in Richmond for hours

The stretch of highway was closed for more than 6 hours due to a multi-vehicle accident

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Most Read