Resources Oil & Gas

Guarantee in law that the royalty regime in place when a well is permitted will remain in place for that project in perpetuity

April 1, 2019
Achieved
Jun 2019

Alberta introduces legislation to guarantee oil and gas royalties

jwnenergy June 24, 2019

The Royalty Guarantee Act, introduced on June 20, “would increase investor confidence” with a “guarantee that no major changes will be made to the current oil and gas royalty structure for at least 10 years.”