Reposition

Enerplus Resources Fund said last week it is nearly done with a series of acquisitions and sales that will reposition it as more shale-weighted and less oilsands-heavy.

Enerplus Resources Fund said this week it is nearly done with a series of acquisitions and sales that will reposition it as more shale-weighted and less oilsands-heavy.

An “overabundance of opportunities” led Devon Energy Corp. to put all of its Gulf of Mexico (GOM) and international properties on the market and reposition itself as a “high-growth North American onshore company,” CEO Larry Nichols said last week.

An “overabundance of opportunities” led Devon Energy Corp. to put all of its Gulf of Mexico (GOM) and international properties on the market to reposition itself as a “high-growth North American onshore company,” CEO Larry Nichols said Monday.

Suncor Energy Inc. of Calgary said it will reposition its gasbusiness to achieve at least a 10% return on capital within fiveyears. Suncor intends to build competitive operating areas, improvebase business efficiency and create new, low-capital businesses.

Suncor Energy Inc. of Calgary plans to reposition its gasbusiness to achieve at least a 10% return on capital within fiveyears. Suncor intends to build competitive operating areas, improvebase business efficiency and create new, low-capital businesses.