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2006

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News Release

FOR IMMEDIATE RELEASE

HEARING ON RED DEER GAS WELL LICENSES CANCELLED DUE TO AGREEMENT BETWEEN CITY OF RED DEER AND COMPANIES

Calgary, Alberta (May 17, 2006) The Alberta Energy and Utilities Board (EUB) has cancelled a review hearing to determine whether the board should confirm, vary or rescind its decision to grant well licence 0346274 to Arkoma, Inc. and well licence 0346273 and pipeline licence 46813 to Advantage Oil & Gas Ltd.

The parties involved have reached an agreement such that the City of Red Deer has withdrawn its objections and request for review of the licenses.

The EUB ensures that the discovery, development, and delivery of Alberta 's resources take place in a manner that is fair, responsible, and in the public interest.

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This news release and the Notice of Cancellation of Review Hearing for this proceeding are available at http://www.ercb.ca

For more information, please contact:

Davis Sheremata
EUB Communications
Phone: 403-297-2252
Fax: 403-297-3757
Email: davis.sheremata@gov.ab.ca

 

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Page Last Updated: July 1, 2006