Canada's Encana takes major chunk of Permian oil shale
Calgary, Alberta (UPI) Sep 29, 2014 - Canadian energy company Encana Corp. said Monday it acquired Texas rival Athlon Energy to become one of the largest oil players in the Permian shale basin. "This transformative acquisition further accelerates our strategy and provides us with a prime position in what is widely acknowledged as one of North America's top oil plays," Encana President and Chief Executive Officer Doug Suttle ... more
No comments:
Post a Comment