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EASTLEIGH, ENGLAND / ACCESSWIRE / September 12, 2022 / i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the
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Investegate announcements from i3 Energy PLC, Q2 2022 Operational and Financial Update
Redwater"). Redwater is now a sentinel decision for the energy industry in Alberta, confirming the importance of environmental, reclamation and remediation obligations and liabilities. In Redwater, the SCC determined that a trustee in bankruptcy is not permitted to renounce uneconomical oil and gas assets and leave these assets to be remediated by the Orphan Well Association (" OWA") to avoid the environmental liabilities of the estate it is administering. Following the Redwater decision and since early 2020, Alberta committed to actively reducing the inventories of orphan and inact...