EnCana set to divide into two
Posted by on May 11th, 2008 at 07:24pm
wrote an interesting post today on
Here’s a quick excerpt
The board of directors of Calgary-based EnCana Corp. approved a plan to split the company into two entities in an effort to reorganize the energy giant to better compete. One company, to be called Integrated Oil Co., will develop EnCana’s current Canadian oilsands assets and refinery interests in the US. It will also deal with the company’s natural gas and oil productions in Alberta and Saskatchewan. The second company, with the working name GasCo, will become a “pure play natural gas com
Read the rest of this great post here
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