Encana seeks partner for U.S., Canadian development projects

03/29/2012 | Reuters

Encana is seeking a partner for several development projects covering its properties in the U.S. and Canada, President and CEO Randy Eresman said. "One of the things we have been trying to do is to get more liquids, particularly oil, in our portfolio," Eresman said. "But because of the high initial cost on that, we think it might be best to reduce our risk [and] accelerate that point of commercialization by bringing in another party."

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