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ARTICLE · 08 MARCH 2016

Thoughts From The Trenches: Keeping Service Providers Lower For Even Longer

Borden Ladner Gervais LLP
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This is the second of four blog posts in BLG's Thoughts from the Trenches blog series on the Alberta Royalty Review Report.

CanadaEnergy and Natural Resources
Miles Pittman
Miles Pittman
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This is the second of four blog posts in BLG's Thoughts from the Trenches blog series on the Alberta Royalty Review Report.

Albertans, and more broadly oil and gas industry watchers, have had over three weeks to digest the Royalty Review Report (the "Report"), commissioned by Alberta's NDP Government. The government commissioned the report to assess whether Albertans were receiving their "fair share" of royalties from hydrocarbons produced from Alberta Crown-owned subsurface lands, which comprise about 80% of Alberta's mineral lands.

The government has accepted the Report's recommendations (the "Recommendations") in their entirety, so we expect implementation of new Crown royalties to begin shortly, as early as the summer, and no later than the end of 2016.

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