EnCana seeks natural gas investors

Must Read

Northern Health Region sees three new cases of COVID-19

VICTORIA, B.C. - Three new cases of COVID-19 were confirmed on Wednesday, bringing the total in the Northern Health...

Ball Game fundraiser this weekend in support of Natalie Small

FORT ST. JOHN, B.C. - This weekend, October 3 and 4, the Mixed Slowpitch team, the Bombers, will be holding...

Indigenous Resource Network to help Indigenous Peoples connect with oil and gas industry

FORT ST. JOHN, B.C. - In early September, the Indigenous Resource Network was formally launched in Fort St. John. To...

By Energeticcity.ca staff


The EnCana corporation is sniffing out financial support, as it looks to expand its natural gas business.

- Advertisement -

The Reuters news agency reports that the energy giant is looking for up to $2 billion in investment from a wide variety of investors.

The story says EnCana is already hoping to double its natural gas production, largely based in Northeastern BC, over the next five years. But, the Calgary-based company is soliciting investors to speed up that process, or do it at a lower cost.

EnCana has already raised $900 million this year, including a major investment from the Korea Gas Corp, for a stake in the Horn River and Montney plays.

Click here to read the original story on Reuters.

- Advertisement -

Community Interviews with Moose FM

Subscribe to our newsletter

Get the latest news delivered to your mailbox every morning.

More Articles Like This