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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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Encana budgets up to $2.9 billion for capital projects in 2015, targets 4 areas
2014-12-16 14:19:17| Energy - 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.
Tags: areas
capital
projects
billion
Encana Q3 profit jumps with gains from divestitures, operating income rises
2014-11-13 00:45:13| Energy - Topix.net
Encana Corp. had a huge jump in net income in the third quarter, thanks to about $2.4 billion of gains on asset divestitures that were part of its strategic shift to focus more on crude oil and liquids-rich natural gas. Net income was $2.8 billion or $3.79 per share while operating earnings rose to $381 million or 38 cents per share.
Tags: operating
income
profit
gains
Encana Q3 profit jumps with gains from divestitures, operating income rises
2014-11-12 14:56:17| Oil & Gas - Topix.net
Encana Corp. had a huge jump in net income in the third quarter, thanks to about $2.4 billion of gains on asset divestitures that were part of its strategic shift to focus more on crude oil and liquids-rich natural gas. Net income was $2.8 billion or $3.79 per share while operating earnings rose to $381 million or 38 cents per share.
Tags: operating
income
profit
gains
Ember Resources to buy Alberta gas properties from Encana for $605 million
2014-10-08 19:35:46| Energy - Topix.net
Encana Corp has agreed to sell a more than 6,800 producing gas wells and other portions of its Clearwater assets in southern and central Alberta for about $605 million to Ember Resources Inc. The deal will more than double Ember's land and production holdings in Alberta, which are concentrated on coalbed methane lands in the Horseshoe Canyon area. The Clearwater assets going to Ember include about 485,600 hectares of land and wells that produce the equivalent of 180 million cubic feet of natural gas per day.
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