March 03, 2014 16:58 ET
CALGARY, ALBERTA--(Marketwired - March 3, 2014) - The Alberta Energy Regulator (AER) has issued its investigation report into the May 19, 2012, Pace Oil and Gas Limited (Pace) well site incident near Rainbow Lake that resulted in approximately 800 m3 of crude oil being released into muskeg about 20 kilometres southeast of Rainbow Lake, Alberta.
The AER investigation has concluded that
On January 9, 2013, the AER issued a high risk enforcement action against the company for failure to have an adequate emergency response plan (ERP) in place. The AER enforcement action follows an audit of the company's ERP that was undertaken as part of the AER investigation.
The AER now requires that the company complete a series of AER-directed actions intended to reduce the potential for further incidents to occur. The company must
Failure of the company to complete any of the directed actions will result in additional enforcement action and an escalation of enforcement consequences.
The Alberta Energy Regulator ensures the safe, efficient, orderly, and environmentally responsible development of hydrocarbon resources over their entire life cycle. This includes allocating and conserving water resources, managing public lands, and protecting the environment while providing economic benefits for all Albertans.
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The Alberta Energy Regulator (AER) has released an investigation report into a May 2012 Pace Oil and Gas Ltd. well site incident that resulted in about 800 cubic metres of crude oil being deposited into muskeg southeast of Rainbow Lake. The regulator issued a high risk enforcement action against the company in January 2013 and requires the company to fulfill six AER-directed actions to prevent future incidents from occurring. The full report is available at www.aer.ca.
Alberta Energy RegulatorRyan BartlettOffice of Public Affairs403-669-3916Media line: email@example.com
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