Thank you, Mr. Speaker. A receiver has been appointed by the court and is responsible for meeting Strategic Oil and Gas Limited's regulatory obligations at Cameron Hills. The government does not own the Cameron Hills site. The receiver conducted work at the site last winter to support the suspended three wells and bring them into compliance with an order issued on October 4, 2019. Also, in regard to the cost, the costs incurred by the NWT received to date have been around $1.98 million. The Government of the Northwest Territories holds $2.9 million in security for this site and the Regulator of Oil and Gas Operations hold an additional $1 million. These funds are accessible as needed as set out in legislation. Thank you, Mr. Speaker.
Shane Thompson on Question 379-19(2): Cameron Hills Liabilities
In the Legislative Assembly on October 20th, 2020. See this statement in context.
Question 379-19(2): Cameron Hills Liabilities
Oral Questions
October 19th, 2020
Page 1329
See context to find out what was said next.