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Recent Articles

Encana Cuts 2015 Budget After 85% Fall In Operating Profit
Wednesday, February 25, 2015 Encana slashes its 2015 capital budget by a quarter in response to a slump in global crude oil prices.
Canada's Encana To Raise 2015 Spending, Bucks Industry Trend
Tuesday, December 16, 2014 Encana says it would boost capital spending in 2015 to focus on its more-profitable shale oil fields, bucking an industry-wide move to cut spending as oil prices tumble.
Encana's Operating Profit Nearly Doubles On Higher Oil Production
Wednesday, November 12, 2014 Encana says its quarterly operating profit jumped 87% due to higher production of oil and natural gas liquids.
SBM Completes Loan Deal to Fund Deep Panuke Facility
Tuesday, November 04, 2014 SBM Offshore completes a $450-million loan deal to fund the Deep Panuke Production Field Centre offshore Canada.
Encana To Sell Some Natural Gas Assets In Alberta For $541M
Wednesday, October 08, 2014 Encana says it would sell some of its natural gas assets in southern and central Alberta for about C$605 million as it focuses on more lucrative oil and natural gas liquids.
Encana Buying Athlon Energy For $5.93 Billion
Monday, September 29, 2014 Encana is buying Athlon Energy Inc. for $5.93 billion in an effort to boost is oil production by tapping into Texas's booming Permian Basin.
Encana To Raise C$2.6B In Sale Of PrairieSky Stake
Monday, September 08, 2014 Encana will sell its remaining stake in PrairieSky Royalty in a C$2.6 billion ($2.37 billion) deal as it continues to raise funds to increase oil production.
Encana Oil Production Rise Offsets Profit Fall On Weak Natgas
Thursday, July 24, 2014 Encana said oil and natural gas liquids production climbed 43% year-on-year in the second quarter of 2014.
Chesapeake Faces Trial On Bid-Rigging In Michigan Lease Sale
Thursday, July 10, 2014 A judge in Michigan has ruled that Chesapeake must face a criminal trial on a charge of bid-rigging with competitor Encana at a 2010 state land lease auction.
Encana To Sell Bighorn Assets For About $1.8B
Friday, June 27, 2014 Encana agrees to sell its Bighorn operations in Canada to Jupiter Resources, which includes about 360,000 acres of land.
Encana Operating Profit Doubles On Higher Gas Prices, Liquids Output
Tuesday, May 13, 2014 Encana says its first-quarter operating profit more than doubled, helped by higher gas prices and liquids production.
Encana To Double Oil Output With $3.1B US Shale Deal
Wednesday, May 07, 2014 Encana says it will buy producing assets in the Eagle Ford shale field in Texas from Freeport-McMoRan Copper & Gold for $3.1 billion, nearly doubling its oil output.
Encana To Sell Some Texas Gas Assets For $530M
Tuesday, April 29, 2014 Encana has agreed to sell about 90,000 net acres in east Texas for about $530 million, as part of a plan to cut its dependence on low-value natural gas.
Encana To Sell Nat Gas Assets To TPG Capital For $1.8B
Monday, March 31, 2014 Encana says it will sell some natural gas assets in Wyoming's Jonah field to a TPG Capital affiliate, as it focuses on regions rich in oil and natural gas liquids.
Encana to Grow Natural Gas Liquids Production by 30%
Wednesday, December 11, 2013 Canada's Encanca Corp plans to increase natural gas liquids production by 30 percent in 2014.
Encana to Cut Workforce, Slash Div as Gas Prices Stay Low
Tuesday, November 05, 2013 Encana plans to cut 20 percent of its workforce, slash its dividend and invest nearly three-quarters of its 2014 capital spending budget in more lucrative oil and liquid gas assets.
Canadian Gas Giant Encana Restructures Senior Management
Tuesday, October 01, 2013 Encana says it is restructuring its senior management team, the latest step in the revamp promised by new Chief Executive Doug Suttles.
Encana Reviews Dry Gas Assets, Signals Big Changes
Thursday, September 12, 2013 Encana signals a potential sale of dry natural gas assets as it focuses on more-lucrative oil and gas liquids and cutting the number of properties it owns.
EPA Ends Investigation into Encana's Pavilion Field
Friday, June 21, 2013 The U.S. EPA ends its investigation into Encana's Pavilion field in Wyoming
Encana Names Former BP Exec as President, CEO
Tuesday, June 11, 2013 Encana names Doug Suttles, the former chief operating officer at BP Exploration & Production, as its new president and CEO.