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Yukon (Government of) v Yukon Zinc Corporation, 2020 YKSC 16, which opened the door to partial termination of agreements in a receivership, an action generally considered to not be permitted in the past. The effect of which on the facts before the Court, was to provide the receiver with access to certain equipment for the purpose of carrying out environmental reclamation at a zinc-silver-lead mine known as the Wolverine Mine at a cost less than required under the lease agreement. On March 5, 2021, the Court of Appeal issued a unanimous decision overturning the decision permitting the partial termination and made other findings which have provided some clarity regarding the priority of environmental obligations in a receivership. ....
Alberta regulator orders takeover of Mojek Resources' wells, pipelines, facilities carlyleobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carlyleobserver.com Daily Mail and Mail on Sunday newspapers.
Most actively traded companies on the Toronto Stock Exchange carlyleobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carlyleobserver.com Daily Mail and Mail on Sunday newspapers.
The AER says the OWA and Mojek’s partners are to suspend all of its oil and gas assets and ensure they are left in a safe state while addressing non-compliances at Mojek sites and confirming a working emergency response number. It says Mojek holds AER licences for 32 wells, 35 pipelines and one facility, and owes $1.76 million in security to the AER for its end-of-life obligations, along with debts to the OWA and the AER. Two weeks ago, the AER said it had ordered Calgary-based SanLing Energy Ltd. to suspend its 2,266 wells, 227 facilities and 2,170 pipelines and ensure they are left in a safe state. ....
Alberta regulator orders takeover of Mojek Resources' wells, pipelines, facilities - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.