Nucor reaping benefits of natural gas venture
Oct 18, 2013 | 01:50 PM
| Thorsten Schier
NEW YORK Nucor Corp. is reaping the benefits of its onshore natural gas drilling agreement with energy company Encana Oil & Gas (USA) Inc., according to president and chief executive officer John Ferriola.
"The performance of wells drilled over the past two years has exceeded the projections we used to justify this capital allocation. That, of course, translates into lower-than-expected gas costs. We also expect our natural gas....
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