Falling like ninepins

IF THERE is one thing that is clear as energy companies kick off the second quarter earnings season, it is that for many gas is becoming a costly burden and asset write-downs are inevitable.

Falling like ninepins Falling like ninepins Falling like ninepins Falling like ninepins Falling like ninepins

While much of the write-downs by single-commodity independent producers were largely expected, the price slump has started taking toll on the likes of BG Group and Canada's Encana.

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