Fracking concerns scuttle Encana asset sale
Bid recalled due to water issues
By Dina O'Meara,
Calgary Herald
December 7, 2011
CALGARY — Concerns over the effect of hydraulic fracturing on the drinking water of a Native American reservation have prompted a Texas company to drop its bid for an Encana Corp. asset, the companies said.
Legacy Reserves withdrew its $45 million US offer for the field near Pavillion, Wyo., after the Environmental Protection Agency said water in the region contained high levels of cancer-causing pollutants and at least one chemical used in hydraulic fracturing.
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