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On February 1, 2021, the Government of Alberta launched Period 5 and Period 6 of the Site Rehabilitation Program (SRP), including additional information within the updated Site Rehabilitation Guidelines.
As noted in our earlier blog post, following update, and discussions of Period 2, Period 3 and Period 4, the SRP administers funding to eligible oil field service contractors completing reclamation and abandonment work in the province.
As of February 12, 2021, Alberta reports that $310.3 million of the of the $1 billion in federal funding has been approved and is being allocated to 633 Alberta-based companies.
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