Alberta to pilot oil and gas royalty breaks for legally required well cleanup

A decommissioned pumpjack is shown at a well head on an oil and gas installation near Cremona, Alta., on Saturday, Oct. 29, 2016. The Alberta government is moving ahead with a plan that would give oil and gas companies a tax break for meeting their legal obligations to clean up old well sites. THE CANADIAN PRESS/Jeff McIntosh

EDMONTON - The Alberta government is moving ahead with a plan that would give oil and gas companies a tax break for meeting their legal obligations to clean up old well sites, inviting a select group of landowner organizations to a meeting to discuss a pilot project.

On Thursday, Alberta Energy Minister Peter Guthrie is scheduled to host those groups to discuss "a concept for a royalty credit program to incent accelerated oil and gas site closure," indicates a government document that outlines the proposed pilot program, obtained by °µÍø½ûÇø.

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