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Medicine Hat to sell 20 percent of shallow gas assets
The Medicine Hat council approved divesting 20 percent of its shallow natural gas assets as part of a broader energy portfolio rebalancing. The move comes with the sale of non operated wells in Saskatchewan and Alberta to curb losses from ageing fields while backing a thriving oil exploration program and advancing a deal to remove 1,000 low production gas wells from city books.
MENTIONED IN THIS ARTICLE
Medicine Hat
Ted Clugston
Brad Maynes
Maynes
Hatton
Horsham
Bigstick
Saskatchewan
Cessford and
Princess
Alberta
Council