Regulator yanks thousands of wells from troubled oil company, transfers for cleanup

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Alberta Energy Regulator transfers thousands of oil and gas sites held by a troubled Calgary company to the Orphan Well Association.

Alberta's energy regulator has transferred thousands of oil and gas wells and other facilities held by a troubled Calgary company to the group that's responsible for cleaning up poorly maintained or abandoned sites. A de-commissioned pumpjack is shown at a well head on an oil and gas installation near Cremona, Alta., on Saturday, Oct. 29, 2016.

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