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ARTICLE · 04 MARCH 2009

Energy @ Gowlings February 3, 2009

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In response to growing global economic crisis, lower commodity prices and decreased investment in Alberta's oil and gas sector, the Alberta Government introduced a new and optional transitional royalty rate program intended to provide relief from the effects of the Alberta Government's New Royalty Framework (NRF) which became effective on January 1, 2009.

CanadaEnergy and Natural Resources
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Edited by Paul Harricks

Contents

  • Alberta Government Announces New Transitional Royalty Rate Program - John Iredale and Chiara Woods
  • Obama's Energy and Environmental Plan - Michael Morrison
  • Alberta's Energy Strategy for the Future - Lisa Jamieson
  • IESO Issues 18-Month Outlook - Neil McCormick
  • Are You Ready for a Visit From an OHS Officer? - Chris Sabat

ALBERTA GOVERNEMENT ANNOUNCES NEW TRANSITIONAL ROYALTY RATE PROGRAM
 By: John Iredale and Chiara Woods

In response to growing global economic crisis, lower commodity prices and decreased investment in Alberta's oil and gas sector, the Alberta Government introduced a new and optional transitional royalty rate program intended to provide relief from the effects of the Alberta Government's New Royalty Framework (NRF) which became effective on January 1, 2009. Aimed at conventional oil and gas producers, the transitional program is intended to free up capital and encourage the development of

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