this post was submitted on 17 Apr 2026
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cross-posted from: https://news.abolish.capital/post/42980

The orphan wells trace back to a tangled web of foreign investors, a company based in the British Virgin Islands and a last-ditch effort to sell to a Chinese company for $22M


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[–] alsimoneau@lemmy.ca 22 points 1 month ago (1 children)

They need to pay upfront for the cleanup.

[–] Enkers@sh.itjust.works 12 points 1 month ago (1 children)

Exactly. I've got to leave a deposit with my landlord in case I leave a mess when i move out, same should go for these oil companies.

[–] alsimoneau@lemmy.ca 4 points 1 month ago (1 children)

Actually, that's illegal. They can ask for the first month rent early but not a deposit.

[–] adespoton@lemmy.ca 6 points 1 month ago

Must be nice to live where you do; around here, damage deposits are kept in trust, and returned when you move out, with interest, minus any amount needed to pay for damage repairs.