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Encana - Oil & Gas 360

Encana DJ Basin Sale Expected to Close 2Q 2016

CALGARY, AB–(Marketwired – December 21, 2015) – (TSX: ECA) (NYSE: ECA) Encana Corporation announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its DJ Basin assets to Crestone Peak Resources, 95 percent owned by Canada Pension Plan Investment Board and five percent by The Broe Group, to close in the second

Enbridge Inc., Enbridge Energy Partners Comment on Minnesota Public Utilities Commission Hearing

CALGARY, ALBERTA–(Marketwired – Dec. 21, 2015) – The Minnesota Public Utilities Commission (Commission) voted, at its most recent hearing on December 17, 2015, on several matters regarding the process to review the applications for a certificate of need and route permit for Enbridge Energy Partners, L.P.’s (“EEP”) proposed Sandpiper pipeline and EEP’s portion of the Line 3 pipeline replacement project

OPEC

World Oil Demand = 97 Million Barrels per Day by 2020; 110 MMBOD by 2040: OPEC

$10 Trillion in global oil-related investment will be needed to Meet Demand: OPEC Supply: non-OPEC supply down 1 MMBOD by 2020; OPEC supply up 1 MMBOD by 2040 OPEC’s press release announcing the coming 2015 release of its annual World Oil Outlook tomorrow says “the dynamics of non-OPEC supply are currently clouded by uncertainties.” But the cartel said it feels good about its