In the balancing of interests between operators and non-operators in co-owned Canadian oil and gas properties, the allocation of risk that has evolved under common industry agreements purports to hold an operator liable to its non-operators only in respect of those acts or omissions that rise to the level of “gross negligence or wilful misconduct”.
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Operator liability for administrative “gross negligence”
- Lawson Lundell LLP
- June 18 2012
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