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.
Encana Swings to First Quarter Loss; CEO Search Continues
Tuesday, April 23, 2013 Encana posts a loss in its first quarter, hurt in part by a hedging-related loss and lower natural gas and liquids prices.
Jogmec to Develop Shale Technology With Encana, Mitsubishi
Wednesday, April 03, 2013 Jogmec says it has agreed with Encana and Mitsubishi to jointly develop technologies to extract hydrocarbon from shale more efficiently.
Encana Posts Smaller 4Q Loss; Results Beat Views
Thursday, February 14, 2013 Encana posts a fourth-quarter loss that was much smaller than its year-earlier loss and better than analyst expectations.
Encana Opens Higher; CEO Eresman Steps Down
Monday, January 14, 2013 Encana Corp. opens higher after its long-time President and CEO Randall Eresman said he was retiring.
Encana 'Disappointed' By Pavilion Comment Period Extension
Friday, January 11, 2013 Encana Corp. has expressed disappointment over the EPA's extension of the comment period for the draft report of the Pavilion gas field monitoring wells.
SBM Offshore Seeks to End Conflict over Troubled Yme Platform
Thursday, December 20, 2012 Dutch oil services company SBM Offshore has announced a raft of new measures to put an end to a lengthy conflict over a troubled oil and gas platform offshore Norway.
Encana Reaches $2.21B JV Deal with PetroChina
Thursday, December 13, 2012 Just days after Canada clarified investment rules for foreign state-owned investors, PetroChina said it would pay $2.21B to buy into a natural-gas project with Encana.
EnCana: EPA Pavilion Draft Report Should Be Withdrawn
Tuesday, December 11, 2012 An EnCana official has called on the EPA to withdraw its 2011 draft report on the evaluation of data from two monitoring wells at Encana's Pavilion natural gas field in Wyoming.
EnCana, Nucor Ink Gas Drilling, Supply Agreement
Tuesday, November 06, 2012 Nucor Corporation enters a long-term agreement with EnCana Oil & Gas to conduct a U.S. onshore natural gas drilling program.
Encana Posts Hefty 3Q Loss on $1.2B Charge
Wednesday, October 24, 2012 Encana said it took a hefty third-quarter impairment charge as a result of low nat-gas prices, its second such charge in as many quarters, resulting in a $1.24B net loss for the period.
API: EPA Pavilion Analysis Not Scientific, Sound
Thursday, October 18, 2012 USGS did a better job conducting water quality testing at the Pavilion gas field, while the EPA's groundwater investigation did not involve "scientific and sound" methods, says API.
Ecuador Seeks Annulment of International Court Ruling in Occidental Case
Wednesday, October 10, 2012 Ecuador has officially requested the annulment of an international court ruling that ordered it to pay $1.77 billion, plus pre- and post-award interest, to Occidental Petroleum Corp.
Encana's Board Concludes Company Didn't Engage in Collusion
Thursday, September 06, 2012 Encana said an internal investigation concluded that the natural-gas producer didn't engage in collusion with competitor Chesapeake regarding Michigan land leasing in 2010.
Encana Posts Large 2Q Loss on $1.7B Impairment Charge
Wednesday, July 25, 2012 Encana posted a hefty second-quarter net loss after recording a $1.7B non-cash, after-tax impairment charge mainly from the decline in natural-gas prices.
Reuters: Encana Tipped Off Chesapeake to Land Plans in Michigan
Wednesday, July 11, 2012 Rivals Encana and Chesapeake shared sensitive information concerning Michigan land deals that allowed Chesapeake to alter its strategy and gain an upper hand in talks with Michigan land owners, Reuters reports.