Regime Reduces Bottom-line

Gordon Stollery, president & CEO of Highpine Oil & Gas Ltd. is hoping the Alberta government will re-evaluate its new royalty structure as it will have a negative impact on the company's bottom-line. If the royalty regime takes effect, it will cut Highpine’s budget by roughly 25 per cent, but Stollery says that’s not going to slow the company down.

Tags: West Pembina, Royalty, Highpine Oil and Gas, Gordon Stollery, Drayton Valley, Alberta, 1316