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Encana budgets up to $2.9 billion for capital projects in 2015, targets 4 areas

2014-12-16 14:26:20| Oil & Gas - Topix.net

Encana Corp. is budgeting between $2.7 billion and $2.9 billion for capital spending next year, with 80 per cent of the funds directed at four key plays: two in Western Canada and two in the southern United States. The Calgary-based company expects between $2.5 billion and $2.7 billion of cash flow from operations in 2015.

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