Alberta oil and gas company ordered to abandon assets for repeated non-compliance

17-Sep-2026

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A beleaguered Alberta oil and gas company has been ordered to permanently shut down its operations, following a string of regulatory, environmental and financial failures.  

The Alberta Energy Regulator (AER) has issued a formal abandonment and reclamation order against Calgary-based MAGA Energy Ltd., forcing the company to permanently decommission its assets, including  wells, facilities and pipelines. 

Citing MAGA’s ballooning municipal tax debts, unpaid administrative fees, and repeated failure to comply with previous regulatory notices, the AER concluded the operator no longer has the capacity or intent to meet its legal obligations. 

Under the order, MAGA has until Sept. 30 to submit a detailed abandonment plan outlining how it will safely close its 581 wells, 108 facilities, and 801 pipeline segments across the province. It must also submit a comprehensive reclamation plan by Oct. 15.