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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.

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."