News

Province of British Columbia proposes new royalties regulation for geothermal resources

Well MC6 being flowtested at Meager Creek, BC/ Canada (source: Western GeoPower)
Alexander Richter Alexander Richter 8 Jun 2018

The Ministry of Energy, Mines and Petroleum Resources (EMPR) in the Province of British Columbia in Canada is seeking comments on the development of a royalty regulation under the provinces Geothermal Resources Act.

British Columbia’s Ministry of Energy, Mines and Petroleum Resources (EMPR) is considering the development of a royalty regulation under the Geothermal Resources Act.At this time EMPR would like to obtain input from the geothermal industry and interested parties on the proposed royalty framework and regulation. The attached paper outlines the proposed royalty policy p; if you have comments or input you would like to be considered by EMPR please submit your comments by July 15th, 2018. If you have questions regarding the attached proposal, or would like to discuss the proposal please contact Warren Walsh.

 

Ministry of Energy, Mines and Petroleum Resources

Email: GeothermalTitles@gov.bc.ca

Source: Geothermal Canada