Encana’s PetroChina Gas Deal Could Lead to More
Reuters reports that Encana Corp's (TSE:ECA) shares surged 5 percent on Thursday.
Reuters reports that Encana Corp's (TSE:ECA) shares surged 5 percent on Thursday.
Encana, Canada's largest natural gas producer is seeking project partnerships that could facilitate the development of unconventional gas fields, with expectations to double its production of natural gas over the next five years.
EnCana Corp, Canada’s biggest energy company, established fixed price hedges on about 35 percent of its expected natural gas output as part of its extended risk management program for 2010. For full story, click here
EnCana Corporation declared that it is continuing to deliver strong financial and operating performance in the first quarter of 2009. Randy Eresman, EnCana’s President & Chief Executive Officer, stated: Operational excellence in our portfolio of low-cost, low-risk resource plays helped EnCana achieve cost-effective production across North America. For full story, click here
EnCanna Corp, Canada’s major natural gas producing company, fell with grain and oil prices in Toronto. The stocks of the company fell 4.4 % to C$57.60. For full story, click here
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