Encana Seeks Foreign Shores As Domestic Market Chokes

摘要

BMI View: Although the move marks a fundamental shift in focus for a company that billed itself as a pure play on the North American gas market, we believe that foreign expansion is a good plan given growing demand for unconventional technical expertise. After years of consolidating its portfolio around its North American unconventional gas business, poor market conditions there are forcing Canadian gas producer Encana to look abroad once again.