Monday, April 12, 2021
On April 9, 2021, the Regulator issued Proof of Financial Responsibility Guidelines and Interpretation Notes (Guidelines) under section 18 of the Oil and Gas Operations Act (OGOA). The Guidelines are effective April 12, 2021 and clarify the Regulator’s approach to Proof of Financial Responsibility, including information requirements for applicants and the claims process.
The Office of the Regulator of Oil and Gas Operations (OROGO) has also published a Summary of Public Engagement Results, which captures the feedback received during the public engagement process for the draft Guidelines and how it was considered in the final version of the Guidelines.