Embattled energy company fights regulator over seizure of thousands of wells

المملكة العربية السعودية أخبار أخبار

Embattled energy company fights regulator over seizure of thousands of wells
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

An embattled Calgary energy company is fighting the provincial regulator's decision to seize thousands of its inactive wells.

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AlphaBow Energy has complained to the Alberta ombudsman and the province's information and privacy commissioner over the Alberta Energy Regulator transferring control of more than 6,000 wells, pipeline segments and other facilities to the Orphan Well Association.

AlphaBow has had a long list of regulatory problems and field inspections in August found only 42 per cent of sites were satisfactory.It says the regulator's decision will result in increased greenhouse gas emissions and prevent it from paying the municipal taxes it owes. "The Alberta government and the Alberta ombudsman must intervene immediately to assess the situation impartially," said AlphaBow CEO Ben Li.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين



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