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Enbridge (ENB) will buy gas facilities from Encana (ECA) in the Peace River Arch region in...

Enbridge (ENB) will buy gas facilities from Encana (ECA) in the Peace River Arch region in Alberta as it looks to strengthen its gathering and compression business. ENB expects total investment of ~C$264M after the facilities are completed in 2013. ECA has been shifting to more valuable oil and liquids-rich gas production with dry gas prices under pressure.
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