Velvet Energy Ltd. is committed to safeguarding human health and the environment in all of its operations and endeavours. In support of this commitment, Velvet has integrated the following objectives into the decisions affecting company operations:
We expect excellence in health, safety and environmental performance through the support and active participation of all management, employees and contractors working for Velvet. All those engaged in work for Velvet are aware of this policy and are expected to be committed to its implementation.
Velvet Energy Ltd. is required to report annually under the Extractive Sector Transparency Measures Act (“ESTMA”) enacted by the Government of Canada, beginning with the year ended December 31, 2016.
Velvet’s 2016 ESTMA Report and future period reports can be found here.
Payments reported in the ESTMA Report reflect gross payments made directly by Velvet Energy, including payments made in the capacity of operator on behalf of partners. Payments made by an operator on behalf of Velvet Energy and its subsidiaries are not included.