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04 Oct
17:07

Nucor adjusts natural gas strategy

Nucor has shuffled its natural gas supply agreements “…to improve its access to a long-term supply of natural gas,” Kallanish learns from a company announcement. Nucor has bought 49% of producer Encana’s leasehold interest in 54,000 acres in Colorado’s Piceance Basin. Concurrently, it has ended its 2010 and 2012 drilling agreements with Carry and Earning and sold off its 50% equity interest in Hunter Ridge Energy Services to Encana…
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