Encana Corporation’s wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Piceance natural gas assets, located in northwestern Colorado, to Denver-based Caerus Oil and Gas LLC.
Kananaskis — If you had asked him just a few years ago, Marc Godin would have said converting petrochemicals into plastics must occur near customers, which would usually preclude places such as Alberta as the ideal location for such plastic conversions.
Ian MacGregor, the chief executive of North West Refining Ltd. (NWR), says his project shouldn’t be viewed as a “plan b” alternative, in case the planned expansion of Kinder Morgan Canada’s Trans Mountain pipeline to British Columbia is sidelined by provincial government opposition.
“What a difference a year makes,” Scott MacFarlane, chief executive of Cathedral Energy Services Ltd., told the company’s annual meeting Wednesday, noting the toll the downturn has taken on service pricing, which fell 35 per cent for Cathedral last year.
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