Province announces plan to clean up orphaned oil wells
Alberta’s NDP government has announced a plan to accelerate the cleanup of abandoned oil and gas wells.
Premier Rachel Notley says $235 million will be loaned to the Orphan Well Association, with the interest covered by $30 million dollars from the federal government announced in the last budget.
She says the funding will be used to clean up orphaned wells over the next three years and will put people to work as early this summer.
“This is about creating jobs and fixing a long-standing problem,” Notley said. “We’re proud to work with industry to get orphaned wells cleaned up – it’s good for our environment, good for landowners and the jobs created will help make life better for Albertans.”