Sunshine Oil Sands (02012) is preparing to appeal the directive and is temporarily suspending the submission of the abandonment plan.

date
14/05/2025
News from Intelligent Finance and Economics APP, Sun Oil Sands (02012) announced that the company has received a directive letter from the Energy Department of Alberta, Canada. Due to the company's failure to meet the maintenance requirements of the Alberta Energy Department, the department has requested the company to submit a project abandonment plan. At the same time, based on this directive, the company has also received legal documents from the Orphan Well Association under the jurisdiction of the Energy Department, requiring the company to take over the project.