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Aspenleaf Energy brings new life to historic Alberta oil field while cleaning up the past

In Alberta’s oil patch, some companies are going beyond their obligations to clean up inactive wells.  Aspenleaf Energy operates in the historic Leduc oil field, where drilling and production peaked in the 1950s.  In the last seven years, the privately-held company has spent more than $40 million on abandonment and reclamation, which it reports is significantly more than the minimum required by the Alberta Energy Regulator (AER).  CEO Bryan Goul…
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The Niagara Independent broke the news in Welland, Canada on Friday, November 14, 2025.
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