Recent Articles

Encana Says 2016 Costs Down By $50 Million
Wednesday, October 05, 2016 Encana says it has made $50 million in cost savings in 2016.
Canada's Encana Posts Smaller Loss, Raises 2016 Capital Spend Plan
Thursday, July 21, 2016 Canadian oil and gas producer Encana Corporation reports a smaller quarterly loss thanks to its ongoing cost-cutting drive.
Canadian Energy Earnings Hint at Brighter Outlook for Oil
Thursday, July 21, 2016 The Canadian oil and gas earnings season kicks off with signs of an industry recovery as Encana Corp and Precision Drilling Corp outlined plans to boost activity.
SandRidge Says It Is No Longer Target of Antitrust Probe
Friday, April 15, 2016 Oil and gas producer SandRidge Energy says it's no longer a target of a federal grand jury probe concerning antitrust violations related to leasing of oil and gas properties.
In Drive to Deflate Natural Gas Surplus, US Pounces on Canada
Friday, March 11, 2016 US gas drillers, battered by the lowest prices in 17 years, find another release valve for their output: Canada.
Canada's Encana Cuts 2016 CAPEX, To Lay Off 20% Of Workforce
Wednesday, February 24, 2016 Encana cuts its 2016 capital spending forecast, saying it will lay off 20% of its workforce this year.
Canada's Encana Cuts 2016 Capex by More Than a Quarter
Monday, December 14, 2015 Canadian oil and gas producer Encana Corporation cuts its 2016 capital budget by more than a quarter to $1.7 billion.
Encana Posts Loss, Accelerates Activity In US Permian Basin
Thursday, November 12, 2015 Encana reports a third-quarter loss, but an increase in oil production.
Encana To Sell Denver Julesburg Basin Assets For $900M
Thursday, October 08, 2015 Encana says it will sell its Denver Julesburg basin assets in Colorado, the latest divestitures as it focuses on its high-value gas liquids and oil properties.
Shale Driller Debt Burden Puts 400,000 Oil Barrels at Risk
Friday, September 18, 2015 As much as 400,000 barrels a day of oil production is at risk as US shale companies like run out of money and slow drilling.
Encana to Sell Haynesville Nat Gas Assets for $850M
Tuesday, August 25, 2015 Encana reaches an agreement to sell its Haynesville natural gas assets, located in northern Louisiana.
Canada's Encana Lays Off 200 Employees In July Amid Oil Slump
Friday, July 24, 2015 Encana says it laid off about 200 employees this month, joining a growing list of oil producers cutting jobs to cope with a steep fall in crude prices.
Encana Says to Explore Sale of Haynesville Gas Properties
Monday, April 20, 2015 Encana is seeking buyers for its natural gas properties in Louisiana as it focuses on drilling for oil and other liquids in Texas and Canada, according to sources.
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.