During the week of November 18th, 360’s Mark Ashton will be joining senior leaders from across the Canadian oil and gas service sector in Edmonton to petition the Government of Alberta’s support for PSAC’s proposed Resource Environmental Tax Credit (RETC). This tax credit would provide the mechanism for an estimated injection of $700 million of private capital to decommission and close inactive wells, pipelines and facilities across western Canada.
Development of Site-Specific Guidelines & Remedial Action Plan (RAP)
Working closely with a developer, the City planning group, the AER, and the oil and gas licensee, 360 evaluated and remediated a contaminated site within the City of Edmonton that was slated for future residential development. Subject matter experts from 360 delineated the site extensively over 3 years and created an advanced environmental model that reduced the excavation volumes while saving our Client >$3 MM. Subsequently, the site fully meets environmental guidelines, and our client’s bottom line was protected.
