Resolution Title: | Orphan Well Fund |
Year: | 2019 |
Resolution #: | L&E8-2019 |
Resolution: | WHEREAS the 2012 Auditor General report found that the average cost for reclamation of an abandoned well is $70,000; WHEREAS financing and re-financing of agriculture land is an essential key to an operation’s success and growth. WHEREAS abandoned well sites impose harsh liabilities on agricultural land limiting the ability for producers to leverage their assets. BE IT RESOLVED That Saskatchewan government increase the size of the orphan well fund to adequately cover the costs of reclamation. |