Steel Mills
October 4, 2016
Nucor Upgrades Natural Gas Supply Agreements
Written by Sandy Williams
Nucor announced Tuesday that it has restructured its natural gas supply agreements to improve access to a long-term supply of natural gas.
Nucor purchased 49 percent of Encana’s leasehold interest of 54,000 acres in the South Piceance Basin. In addition, Nucor and Encana have terminated the two Carry and Earning drilling agreements from 2010 and 2012 and Nucor has sold Encana its 50 percent interest in Hunter Ridge Energy Services.
