6 May 2024
Encana to sell north Texas shale gas assets
Publication date: 26 August 2011
Gas Strategies Group
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ISSN: 0964-8496
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Canadian upstream gas company Encana has put its north Texas natural gas assets in the Barnett Shale up for sale, completing or forming a significant part of Encana’s $1-2 billion 2011 divestment programme. Analysts say the assets could be worth up to $1 billion. Separately, Encana said it is in talks with “a number of potential partners” over joint ventures in undeveloped shale areas.