The Alberta Energy Regulator said it’s been working with
Trident for weeks to ensure the company’s assets end up with
“responsible operators” and that end-of-life obligations for wells are
addressed.
Trident for weeks to ensure the company’s assets end up with
“responsible operators” and that end-of-life obligations for wells are
addressed.
On Monday, Trident told the regulator it would be
closing, so the AER ordered the company to decommission sites, post
financial security or transfer the sites to other energy companies
But
on Tuesday, the AER said Trident’s directors ceased operations,
terminated employees and then resigned — without responding to the order
or addressing any regulatory obligations.