ENCO Resources, Inc. (ERI) was developed beginning in 1999 through 2005 and owned total reserves of over 20 billion cubic feet of natural gas with peak production of approximately 10 million cubic feet per day. Total capital invested in ERI was approximately $6 million. ERI was headquartered in Calgary,Alberta, with principal operations in northeast British Columbiaand northwest Alberta. ERI was sold in 2005.
The project was owned and managed by the NESCOgroup and was financed by
the NESCOgroup, CIBC and the National Bank of Canada.