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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > AER lays charges against Whitecap Resources Inc.
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Post by pierrelebel on Jun 16, 2023 2:55pm

AER lays charges against Whitecap Resources Inc.

AER lays charges against Whitecap Resources Inc.

CALGARY, AB June 16 2023 - The Alberta Energy Regulator (AER) has laid charges against Whitecap Resources Inc. (“Whitecap”) following an AER investigation into a release from a well in 2021. 

The company is facing two charges under the Environmental Protection and Enhancement Act:

  • One count for having released or permitting the release, into the environment, of a substance that causes or may cause a significant adverse effect.
  • One count for failing to report that release to the regulator as soon as they knew or ought to have known of the release.

All contraventions are alleged to have occurred near Didsbury, on or about June 20, 2021.

The first appearance in court will be on July 31, 2023, at 9:00 a.m. at the Alberta Court of Justice in Didsbury.

For more information, visit the AER Compliance Dashboard.

As this matter is now before the court, the AER will not have further comment.

The AER ensures the safe, efficient, orderly, and environmentally responsible development of energy resources in Alberta through our regulatory activities.

Comment by Davesnothere on Jun 16, 2023 9:01pm
Thanks Pierre, I had no idea. Wonder if JimGeorge would have a comment?
Comment by jimgeorge on Jun 16, 2023 10:26pm
Sure I can comment.  This is pretty standard, the AER has 2530 incidents under investigation currently.  This was a release of a "substance" from a well in the didsbury area.  It was probably a well owned and operated by a company that WCP took over, as WCP has no active operations around Didsbury.  WCP would have inherited this file with their acquisition.  No ...more  
Comment by Davesnothere on Jun 17, 2023 9:01am
Thank you Jimgeorge, much appreciated!
Comment by barneyj44 on Jun 17, 2023 12:27am
What's next. First the Canada Revenue Agency chasing us for delinquent taxes and now Alberta is going for not reporting a spill. Grant needs to do some House Cleaning....
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