Encana selling assets to Veresen Midstream, a newly created 50-50 partnership between Veresen Inc. and Kohlberg Kravis Roberts & Co.
Deal will give Encana access to major Texas oil play, speed up its shift towards more liquids production
Sale of Bighorn natural gas assets comes as Encana looks to streamline operations, refocus on oil production
After a string of delays Deep Panuke finally started up late last year, though it was originally slated for production in late 2010.
Like other natural gas producers, Encana has been struggling with persistently low prices.
Strategic review found company good at developing large scale, complex resource reservoirs
Bets her government’s future on shale gas
The awards are part of the CAPP Responsible Canadian Energy (RCE) program. CAPP’s 2013 RCE winners were chosen from a record 33 project nominations.
To be built near Grande Prairie, Alta., will produce 190,000-litres per day of liquefied natural gas
Fundy Ocean Research Centre for Energy project could power over 20,000 homes in Nova Scotia