GFM Network News

More News →

Tag Archives oil leases.

Oil rig and cattle in field
News

Keep on eye on costs when pursuing unpaid rent

The Surface Rights Board carefully reviews the bills of lawyers and agents who help landowners file their application

By
Reading Time: < 1 minute The Farmers’ Advocate Office (FAO) is advising landowners to take care when hiring advisers to help them prepare their Surface Rights Board case. “Landowners will often recruit professional assistance in filing their applications to the SRB,” FAO spokesperson Jeana Les said in a release. “While the board has the power to require the industry operator […] Read more
A record number of oil companies aren’t paying their rent to landowners, nor the taxes they owe to municipalities.
News

Oil lease defaults hit new record

Landowner compensation claims more than doubled last year and have already doubled again this year

By
Reading Time: 3 minutes For the second year in a row, the number of claims against oil companies defaulting on rental agreements has smashed records. Under Section 36 of the Surface Rights Act, landowners can apply for compensation from the provincial government if an oil company hasn’t paid their surface rental lease. From 2003 to 2014, the board has […] Read more
In the last year, the Surface Rights Board has received more than 750 new applications from producers who haven’t been paid for their oil leases.
News

Oil companies bucking their commitments

Farmers are struggling to get oil companies to pay their leases and complete reclamation work on abandoned wells

By
Reading Time: 4 minutes There’s a wet spot originating from an oil well in Anthony Bruder’s pasture that his cows won’t drink from. “I’ve seen cows walk up to it, sniff it, and then walk a half-mile to the other end of the field to drink from the lake,” said Bruder, who farms near Twin Butte. “If the cows […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 18, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.