Summary:
- This article discusses the oil and gas industry in Alberta, Canada, and the challenges it faces with closing down old and inactive oil and gas wells.
- The article explains that the Alberta government has implemented a "Mature Asset Strategy" to address the growing problem of oil and gas closure liabilities, which refers to the costs associated with properly decommissioning and reclaiming these wells.
- The article suggests that the Mature Asset Strategy may not be as effective as it seems, and that there are still significant issues and concerns that need to be addressed in order to effectively manage the closure of these oil and gas assets.