For unconventional shale, support from public equity is dwindling, resource plays require staggering capitalization and joint ventures are beginning to take center stage because even companies as large as Encana Corp. (NYSE: ECA) can’t go it alone.
Private equity is taking up the slack as investors back companies just long enough to highlight their proven reserves. ...
The AER has also launched the Private Surface Agreements Registry and expanded public notice of applications.
This is the largest capital budget in the company's history.