Transition Wells Frequently Asked Questions

Frequently Asked Questions (FAQ) represent the policy intent of the Government of Alberta, the FAQ are subject to change. Regulations prevail over the FAQ. These questions relate to the royalties that came into effect on January 1, 2011.
What changes have been made to the Alberta Royalty Framework - Transitional Royalty Rates (ARF-T)?
Can a well event move from ARF-T to the adjusted ARF royalty rates?
What happens if a well event opts out of the ARF-T?
If I have elected ARF-T but my well event has not produced by January 1, 2011, will I receive ARF-T or adjusted ARF rates when it starts producing?
Can I change my ARF-T election between January 1, 2011 and February 15, 2011?
Will ARF-T election continue to be available after December 31, 2010
Does a well event have to produce prior to January 1, 2011 to receive ARF-T?
Have the ARF-T royalty rates changed?