Share on LinkedInShare on LinkedIn

ARTICLE · 04 DECEMBER 2014

AER Approves Prosper OSE Program Following Regulatory Appeal

On November 5, 2014, the Alberta Energy Regulator issued decision 2014 ABAER 013 approving the Prosper Petroleum Ltd. oil sands exploration program.

CanadaEnergy and Natural Resources

On November 5, 2014, following more than two years of regulatory process and the first regulatory appeal under the Responsible Energy Development Act (REDA), the Alberta Energy Regulator (AER) issued decision 2014 ABAER 013 approving the Prosper Petroleum Ltd. (Prosper) oil sands exploration (OSE) program. This decision marks the second time that the AER has held a hearing to consider an OSE program (the first being the Teck Resources OSE Program that was approved in 2013 [2013 ABAER 017]). There are several aspects of this proceeding that are important for oil sands developers to be aware of when planning future OSE programs.

Background and Chronology of Events

Prosper's OSE program is relatively small in scope (24 OSE wells), but it is located immediately south of Buffalo (Namur) Lake, an area of importance for the Fort McKay First Nation (Prosper's lease is adjacent to the Dover Commercial Project, a project that was fervently opposed by Fort McKay in 2012 and

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from