Alberta says oil and gas royalty review to be completed by year-end

Fri Jun 26, 2015 12:17pm EDT
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CALGARY, Alberta (Reuters) - The government of oil-rich Alberta announced details of its keenly anticipated oil and gas royalty review on Friday, making good on an election promise to reassess how fairly resource revenues are divided up in Canada's largest crude-producing province.

Energy Minister Margaret McCuaig-Boyd said Dave Mowat, president and CEO of provincially owned financial services agency ATB Financial, will lead the review, which will complete its work by the end of this year.

(Reporting by Nia Williams; Editing by Peter Galloway)