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ARTICLE · 03 JUNE 2022

AER Amendments To Manual 023 Provide Guidance On Transfer Application Security Requirements

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The Alberta Energy Regulator (AER) is continuing to revise and supplement its holistic approach to regulating. The AER released revisions to Manual 023 effective May 3, 2022...

CanadaEnergy and Natural Resources
Keely Cameron
Keely Cameron
Chyna Brown
Chyna Brown
Ashley M. White
Ashley M. White
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The Alberta Energy Regulator (AER) is continuing to revise and supplement its holistic approach to regulating. The AER released revisions to Manual 023 effective May 3, 2022, which supplements Directive 088: Licensee Life-Cycle Management, expanding on the directive's requirements and new programs.

As noted in our previous insight, AER Implements Life Cycle Management Directive Effective December 1, 2021, the AER issued Manual 023 to provide further information on the criteria used to evaluate and group licensees on the basis of risk, mandatory and voluntary spend requirements and the AER's approach on transfer applications. The changes to the manual follow industry feedback after the initial release of the manual in December 2021.

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