Monday, September 29, 2025
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Canadian Drillers: Alberta Energy Regulator Now Checking Company, Directors’ History of Compliance and Timely Royalty, Tax Payments Before Issuing Licenses

Regulators seek indicators of poor performance before granting licenses, regulator could possibly revoke licenses retroactively, working on requirement to have drillers post bond before granting permits From The Canadian Press EDMONTON — Alberta’s energy regulator wants to keep bad operators out of the oilpatch to reduce the ballooning number of bankrupt companies who have walked away from unprofitable wells. “We