Encana looks for partners to develop oil shale plays

摘要

London—Canada’s Encana said April 2 it hasopted to look for partners to help it developsome of its oil- and liquids-rich assets, havingrecently already sold off stakes in its NorthAmerican gas assets.In a statement, Encana said it had plansto develop several new key liquids resourceplays and would look to partners to help fundthe developments.“We continuously look for opportunities tomanage our asset portfolio—accelerating therate of development on our oil and liquids-richland holdings can be achieved by leveragingthird-party capital which shortens our develop-ment timelines,” Encana President and CEORandy Eresman said.