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The Site Rehabilitation Program is going to help significantly address the problem of a very large inventory of inactive wells, says Alberta Energy Minister Sonya Savage. (File photo by THE CANADIAN PRESS) Alberta and the federal government say another $400 million in funding is available to help clean up inactive oil and gas sites in the province. The province announced two rounds of funding Friday, including $100 million for First Nation and Métis settlements, as well as $300 million to oil and gas producers who paid for closure work in 2019 and 2020. In total, the program is expected to generate almost 5,300 direct jobs and lead to indirect employment – and economic benefits across the province. “The Site Rehabilitation Program is cleaning up legacy oil and gas sites across the province and creating thousands of much-needed jobs,” said Minister of Energy Sonya Savage in a press conference Friday. “As stewards of the land, this funding will ensure that Indigenous people benefit from resource development on land that was first inhabited by their ancestors.” The cash is part of SRP – a federally funded site rehabilitation program announced last May to direct up to $1 billion toward reclamation projects […]
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