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List of Defunct Companies** Defunct Companies are licensees that are deemed defaulting working interest participants by the ERCB pursuant to Section 70(2)(b)(iii) of the Oil and Gas Conservation Act. Below is a list of Expenditures
by Defunct Company on wells,
pipelines, facilities and sites that have been designated as orphans by the
ERCB. These Expenditures represent the debt owed by the Defunct Company to
the Orphan Fund.
As per the ERCB Directive 019 Compliance Assurance, the ERCB may initiate proceedings to make a declaration naming accountable individuals, in accordance with Section 106 of the Oil and Gas Conservation Act or OGCA. Once named, such individuals may be prevented from conducting business with the ERCB on behalf of any licensee in the capacity of an officer or decision-maker. Ctrl and right click links below to get to · ERCB Directive 019 Compliance Assurance · Section 106 of the Oil and Gas Conservation Act · Named Individuals under Section 106 OGCA |
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