Didn't see this posted anywhere.
But Encana's CEO packs up and moves to Denver.
http://business.financialpost.com/co...ide-relocation
Half of Encana's money is invested in the US in Shale operations, it seems logical that they will continue to invest in O+G in the more friendly US.
Even though they deny it, the fear is this is a precursor to Encana moving their head office operation to the States.
Also not exactly a strong denial
Quote:
Earlier this month, Ted Morton, a former minister of energy in Alberta, suggested in a Financial Post column that TransCanada Corp. is considering a move to Houston.
But the pipeline company has denied it.
“Respectfully, it is TransCanada’s corporate policy not to speculate on rumours and speculation and this would certainly fit those categories,” company spokesperson Mark Cooper said of a potential move.
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