Energy giant Encana must fight for survival in new home

Energy giant Encana must fight for survival in new home by Jameson Berkow, June 1, 2012, Financial Post
Thousands of Encana Corp. employees this summer will move into their new headquarters spanning the top levels of The Bow — a gargantuan structure of glass, steel and green architecture that dwarfs the iconic Calgary Tower. It should be a time to look up, but many must be wondering if they’ll soon have to make the 236-metre trip down to the bottom of Western Canada’s tallest tower, or, worse, remain at their desks and watch another company’s name replace Encana’s sharp new signage. … Ironically, some of Encana’s current difficulties stem from the 2008 decision to spin off the company’s oil sands assets into what is now a very profitable Cenovus Energy Inc., which just this week won regulatory approval to begin developing a third site near northern Alberta’s Narrows Lake.