Quote:
Originally posted by fotze@Oct 20 2005, 09:11 AM
I know shell world is huge, but just wondering on how they would meld them together in Canada.# They are completely different cultures and assets.# Shell wouldn't know what to do with shallow sweet gas.# I would assume that Shell would just become another business unit of Encana.
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Ah technically Encana would become another business unit of Shell, that's how takeovers work, the smaller company ie EnCana, bets integrated into the larger one ie Shell.
Shell wouldn't know what do do with shallow sweet gas?????
Dude, I think you may have some misconceptions about Shell (the worlds larges producer of natural gas..meaning they probably know a think or two about shallow sweet gas) and Encana (North America's largest producer of unconventional gas, much of which, particualrily in the US, comes from deep zones).
Granted I'll give you that Shell likely doesn't have the expertise to do what Encana does. Not because it is shallow sweet gas, but because it is in fact much different than the conventional thinking behind that type of production.
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