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Alberta announces two new royalty programs

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Report summary

On 11 July 2016 the government of Alberta announced two new royalty programs: The Emerging Resources Program and the Enhanced Hydrocarbon Recovery Program. The purpose of these programs is to compensate producers for the increased costs of enhanced recovery methods as well as the higher development costs associated with emerging resources

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    Alberta announces two new royalty programs

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  • Value added to Duvernay Pembina type well by C*ERP (reflecting a 200% increase in cost allowance)

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