Extractive Sector Transparency Measures Act
The Extractive Sector Transparency Measures Act (the Act) was enacted on December 16, 2014, and brought into force on June 1, 2015.
This Act delivers on Canada’s international commitments to contribute to global efforts to increase transparency and deter corruption in the extractive sector.
The Act requires extractive entities active in Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad. Please see Hammerhead Resources’ annual ESTMA Filings here:
Hammerhead is a growth-oriented private company based in Calgary, Alberta with production and development focused in the multi-zone, Montney light oil window.