Encana Natural Gas Inc.

Stabilis Is Buying Encana LNG Business

April 16, 2014 in Companies, E&P Operations, LNG by Rich Piellisch  |  No Comments

Stabilis, Tripled in Size, Will Focus on HHP Markets
As Encana Refocuses on Its Own Basic E&P Activities

Stabilis Energy has signed a definitive agreement with Encana Corp to purchase substantially all of the U.S.-based assets of Encana Natural Gas, Inc. The pact covers ENGI’s liquefied natural gas delivery capability for fueling the high horsepower engines used in energy exploration and production and mining, and by railroads, and ships. Their deal is slated to close on April 30.
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