Overview
A new directive which came into effect on December 1, 2021 gives the Alberta Energy Regulator more flexibility and wider discretion to enforce director and officer obligations relating to oil and gas facility abandonment and reclamation. At the same time, a statutory due diligence defence is available to help avoid liability. In their webinar, Osler partners Sander Duncanson and Janice Buckingham and associate Emily Paplawski address director and officer obligations and review the implications of recent case law developments.