A groundbreaking deal between Denver’s Encana Oil & Gas (USA) Inc. and Nucor Corp., the biggest steel manufacturer in the nation, has rigs running and natural gas wells pumping in western Colorado despite low prices for the commodity.
“It’s going really well,” said Darrin Henke, vice president of Encana’s Colorado operations, of the multibillion-dollar deal announced in early November 2012.
“It’s going just as planned from a timing standpoint, capital allocation and the rigs that…
A groundbreaking deal between Denver’s Encana Oil & Gas (USA) Inc. and Nucor Corp., the biggest steel manufacturer in the nation, has rigs running and natural gas wells pumping in western Colorado despite low prices for the commodity.
“It’s going really well,” said Darrin Henke, vice president of Encana’s Colorado operations, of the multibillion-dollar deal announced in early November 2012.
“It’s going just as planned from a timing standpoint, capital allocation and the rigs that…