Quote:
Originally Posted by Flash Walken
This seems backwards to me.
Why should the alberta government be on the hook for these wells that need to be decommissioned? they weren't the ones that extended the credit. This cost is just externalized onto the taxpayer when it should be accounted for in the risk analysis of the creditors.
Doesn't seem right to force the state to eat that cost.
|
The Orphan Well association would be on the hook which is industry funded.
If anything this will make the responsible producers upset and could force some changes.