Al­berta aims to speed up or­phan well cleanup

Cape Breton Post - - Business -

CARSTAIRS, Alta. - Al­berta’s NDP gov­ern­ment is try­ing to speed up the cleanup of or­phan oil and gas wells with a $235-mil­lion loan. Leg­is­la­tion has been in­tro­duced to al­low the prov­ince to lend the money to the Or­phan Well As­so­ci­a­tion. The in­dus­try-funded as­so­ci­a­tion works to re­move equip­ment, seal wells and en­sure safety at or­phan well sites. Wells are deemed or­phans when no­body is legally re­spon­si­ble for clos­ing and clean­ing them. The num­ber of or­phan wells has been grow­ing in Al­berta due to the eco­nomic down­turn. The prov­ince es­ti­mates the loan will help cre­ate up to 1,650 new jobs over the next three years.

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