Encana Selling More Assets, Sharpening Focus on Oil and Gas

Encana Selling More Assets, Sharpening Focus on Oil and Gas

Last week, Encana Corporation (TSX:ECA) announced that it was selling its Bighorn natural gas assets in Alberta to Jupiter Resources for $1.8 billion. On Wednesday, CEO Doug Suttles said that Encana would sell more assets in a further move to hone its focus on oil and gas.

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Videos

Justin Smith of Western Canadian Properties Group Talks Natural Gas in BC

Gas Investing News recently had the chance to speak with Justin Smith, Investment Advisor at Western Canadian Properties Group, about natural gas projects in British Columbia. Contrary to suggestions that BC's LNG dreams could have been smashed by Russia's recent $400 billion deal with China, Smith says that "the demand [in China] is growing at a pace where you're going to need a number of these deals to satiate those demands."

Keith Schaefer Talks Natural Gas in BC

At the recent World Resource Investment Conference in Vancouver, Keith Schaefer, editor and publisher of the Oil and Gas Bulletin, spoke with INN editor Vivien Diniz about the state of the natural gas market in British Columbia.

Keith Schaefer: Profiting From the Natural Gas Boom in BC

In the second segment of the INN’s World Resource Investment Conference interview with Keith Schaefer, Keith provided INN viewers with some insight on profiting from the natural gas boom in British Columbia.

Company News

AngloGold Ashanti Signs $140 Million Gas Deal with APA Group

Mining.com reported that AngloGold Ashanti (NYSE:AU) has signed a $140 million infrastructure agreement with APA Group (ASX:APA). The deal will cover a natural gas pipeline to supply AngloGold's remote Tropicana and Sunrise Dam gold mines located in Western Australia.

Shell Suspends Development of Liquefaction Unit, Alberta

The Globe and Mail reported that Shell (NYSE:RDS.A) has halted development operations at the Jumping Pound complex in southern Alberta, Canada. A boom in shale gas has made natural gas prices more competitive, but high development costs remain a challenge, as stated by the Globe.

Super Nova Petroleum Announces New President and COO

Super Nova Petroleum Announces New President and COO

Super Nova Petroleum Corp., (CSE:SNP,PINKSHEETS:SNOVF) announced the appointment of Ben Chu as its new President, COO and director. Mr. Chu has extensive experience in the oil industry, and is tasked to lead Super Nova’s technical team of consultants and become an important member of the Company's management team.

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Company Videos

INN Video: Chris Cooper of Aroway Energy Inc.

Aroway Energy (TSXV:ARW,OTCQX:ARWJF) President & CEO Chris Cooper spoke with Resource Investing News about its unique position in the oil and gas space.

Market News

Oil Exploration Shifting to More Developed Countries for More Predictable Returns

The Wall Street Journal reported today that big companies are shifting towards more developed nations for their oil and gas exploration projects. For companies like Shell (NYSE:RDS.A) and Exxon Mobil (NYSE:XOM), higher costs and tighter regulations are balanced by the benefit of political stability, according to the Journal.

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