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Author Archives: Nigel Bankes
The False Security of Commingled Trust Accounts
By: Nigel Bankes PDF Version: The False Security of Commingled Trust Accounts Case Commented On: Alberta Treasury Branches v Exall Energy Corporation, 2017 ABQB 602 (CanLII) Working interest owners in the western sedimentary basin have long sought to have the best … Continue reading
Posted in Bankruptcy and Insolvency, Oil & Gas
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PPA Terminations and the AESO Tariff
By: Nigel Bankes PDF Version: PPA Terminations and the AESO Tariff Matter Commented On: Application from the Alberta Electric System Operator (AESO) to the Alberta Utilities Commission (AUC) requesting legal determinations by the AUC under Section 8 of the Alberta Utilities … Continue reading
Posted in Utility Regulation
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Balancing Pool Must Fulfil its Statutory Obligations
By: Nigel Bankes PDF Version: Balancing Pool Must Fulfil its Statutory Obligations Case Commented On: ENMAX PPA Management Inc v Balancing Pool, 2017 ABQB 718 (CanLII) In this decision Justice Karen Horner has directed the Balancing Pool (BP) to fulfil its … Continue reading
Lease Terminates by Reason of Wells Shut-in for Producing in Excess of the Prescribed Gas to Oil Ratio
By: Nigel Bankes PDF Version: Lease Terminates by Reason of Wells Shut-in for Producing in Excess of the Prescribed Gas to Oil Ratio Case Commented On: Canadian Natural Resources Limited v Rife Resources Ltd., 2017 SKQB 307 (CanLII) Canadian Natural Resources … Continue reading
ENMAX PPA Terminates Under the Change of Law Clause When the Buyer Provides the Balancing Pool with Notice of Termination
By: Nigel Bankes PDF Version: ENMAX PPA Terminates Under the Change of Law Clause When the Buyer Provides the Balancing Pool with Notice of Termination Case Commented On: ENMAX PPA Management Inc v Balancing Pool, 2017 ABQB 605 (CanLII) In this … Continue reading