Encana Corp. confirmed Monday that its unlucky C$700 million ($560 million) Deep Panuke venture is poised to sink off the Atlantic seaboard natural gas market, just 56 months after starting up offshore of Nova Scotia.
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Nova Scotia Could Use A Straw in the Marcellus, Consultant Says
Maritimes Canada natural gas consumers should consider taking up to 600 MMcf/d of firm pipeline capacity from the Marcellus Shale to ensure security of supply and avoid the $30/MMBtu gas prices seen last winter, ICF Consulting Canada Inc. said in a new study prepared for the Nova Scotia Department of Energy.
August 5, 2013