Skip to main content

Directive 068

Security Deposits

Release Date
Effective Date

Replaces previous edition issued on October 03, 2022
Released with Bulletin 2025-04

Purpose of this Directive

Directive 068 provides information and direction regarding the calculation, collection, and use of security deposits under the Oil and Gas Conservation Rules (OGCR), Geothermal Resource Development (GRDR), and Brine-hosted Mineral Resource Development rules (BMRDR) and the cash and letters of credit (LOCs) provided to the AER to satisfy security deposit requirements under the energy resource enactments,including their form, use, and refund. This directive does not apply to security programs administered under the specified enactments (e.g., the Mine Financial Security Program, which is a liability management program under the Environmental Protection and Enhancement Act).

Forms

  • What We Heard [PDF]
  • Security Deposit Submission Form [PDF]