Disclaimer: This information is provided without warranty of any kind and, while believed to be accurate, the AER, comprising its agents, employees, and contractors, hereby disclaims any liability for losses or damages that might result or arise from the use of or reliance on the information provided on this site.

The Liability Management Rating (LMR) reflects the comparison of a licensee's deemed assets in the AER's Licensee Liability Rating (LLR) program, Large Facility Liability Management (LFP) program and Oilfield Waste Liability (OWL) program with its deemed liabilities in these programs. The ratio is based on information reported to the AER and the calculation of deemed assets and deemed liabilities as specified in the following:

  • Directive 006: Licensee Liability Rating (LLR) Program and Licence Transfer Process,
  • Directive 024: Large Facility Liability Management Program (LFP), and
  • Directive 075: Oilfield Waste Liability (OWL) Program

Liability-related reports and plan status can be found in the following;