Encana joins Kitimat

APACHE Corporation and EOG Resources have farmed out a 30% stake in the Kitimat liquefied natural gas project in British Columbia, Canada, to Encana Corporation.

Under the agreement, Apache will sell 11% of its stake in Kitimat and the associated Pacific Trail Pipelines to Encana and keep a 40% operating interest in both projects, while EOG will sell 19% of