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Insolvency professionals in Alberta say high commodity prices mean it's becoming increasingly uncommon for oil and gas extraction companies to go belly up, a trend that's providing relief for the province's orphaned-well problem.
Alberta's energy regulator has transferred control of thousands of oil and gas wells and other facilities held by a troubled Calgary company to the group
AER has transferred thousands of wells held by a troubled Calgary company to the group that’s responsible for cleaning up poorly maintained or abandoned sites.
Alberta Energy Regulator transfers thousands of oil and gas sites held by a troubled Calgary company to the Orphan Well Association.
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