Post Tagged with: "encana"

Encana Closes on Sale of Arkoma Basin Natural Gas Assets

Encana Closes on Sale of Arkoma Basin Natural Gas Assets

Encana Closes on Sale of Arkoma Basin Natural Gas Assets

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

From Reuters


Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.

The United States imposed tariffs on imported …

Source: Encana

Encana Moving $165 Million Cash from Divestiture to its Balance Sheet

By Tyler Losier, Energy Reporter, Oil & Gas 360

Encana sells Newfield Arkoma Basin natural gas assets
Encana Corporation (stock ticker: ECA), a Canadian-based company with unconventional assets in multiple North American basins, has agreed to sell its natural gas

Encana Names New CFO

Encana Names New CFO

Encana to name Corey D. Code as Chief Financial Officer

Shareholders Approve Encana, Newfield Combo

Shareholders Approve Encana, Newfield Combo

Encana and Newfield’s strategic combination receives shareholder approvals

February 12, 2019 - 10:17 am Closing Bell Story‎, Mergers & Acquisitions, Press Releases
DJR Energy Closes Deal with Encana

DJR Energy Closes Deal with Encana

Makes DJR the largest acreage holder in San Juan Basin core oil window
 

Yesterday, privately held Denver-based DJR Energy closed on its acquisition of Encana Corporation’s (stock ticker: ECA) non-core San Juan Basin assets in northern New Mexico.

Source: DJR

December 28, 2018 - 2:02 pm Closing Bell Story‎, Exploration and Production (E&P)
Upstream Buying Spree Continues With $7.7 Billion Deal

Upstream Buying Spree Continues With $7.7 Billion Deal

Encana acquires Newfield in all-stock transaction resulting in North America’s No. 2 unconventional producer
Encana (ticker: ECA) announced the third major acquisition in the past four days today, acquiring Newfield Exploration (ticker: NFX).

Newfield is a primarily SCOOP/STACK company, producing

Heard on the Call: Encana – Eagle Ford Margin Beats Permian

Heard on the Call: Encana – Eagle Ford Margin Beats Permian

Encana (NYSE: ECA) reported Q2 earnings and hosted its conference call, including comments about improved differentials of the Eagle Ford in comparison to the Permian. Excerpts from Encana’s Q2 earnings call are below:

Q: You mentioned that at today’s …

Courtesy of Encana

Encana Sees 30% Growth within Cash Flow

Encana Corporation (ticker: ECA) opened 2018 with Q1 net earnings of $151 million. This compares to Q1 2017’s net earnings of $431 million. Cash generated from operating activities reached $381 million, which compares to $106 million in Q1 2017.

Encana’s …

Lackawana Energy Center Project Rendering. Source: http://lackawannaenergy.com/

Encana, Keyera Deal Will Add 33,000 Barrels of Montney Condensate Processing Capacity at Pipestone

Deal struck between Encana and Keyera Partnership adds 33,000 barrels of raw condensate processing capacity and 170 MMcf/day of net inlet gas processing; Keyera will own the facilities at Pipestone

Encana Corporation (ticker: ECA) and Keyera Partnership have reached an …

Encana Will Point CapEx toward Permian and Montney in 2018

Encana Will Point CapEx toward Permian and Montney in 2018

Encana plans to invest virtually all its anticipated 2018 capital in its core assets, with around 70% directed to the Permian and Montney

Encana Corp. (ticker: ECA) anticipates between 25% to 35% production growth from its core assets from the …

Duvernay on the Rise: Chevron (CVX) Jumps in with 55,000-Acre Drilling Program

Duvernay on the Rise: Chevron (CVX) Jumps in with 55,000-Acre Drilling Program

NEB: Duvernay holds 76.6 Tcf of recoverable gas, 6.3 billion barrels of recoverable NGLs and 3.4 billion recoverable barrels of crude oil

Eighty-year-old Chevron Canada Limited (Chevron ticker: CVX) is moving into development on a portion of its leaseholdings in …

Encana Starts Up Midstream Processing Facility in the Montney

Encana Starts Up Midstream Processing Facility in the Montney

Two more coming online by year-end

On September 20th Encana (ticker: ECA) announced a successful startup of the Tower processing plant. The Tower plant is the first of three Veresen Midstream facilities that support Encana in the Montney. The …

September 27, 2017 - 5:21 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Encana Plans to Grow Permian Production by 50% in 2017

Encana Plans to Grow Permian Production by 50% in 2017

2017 Development to focus on Permian, Eagle Ford, Montney

Encana (ticker: ECA) announced fourth quarter earnings and 2016 reserves Thursday, showing a net loss of $281 million, ($0.29) per share. Full year results were a loss of $944 million, or …

Blackbird Energy – Day Two Breakout Notes

Blackbird Energy – Day Two Breakout Notes

Blackbird presents at EnerCom’s The Oil & Gas Conference®

 During Blackbird’s breakout session, management was asked the following questions:

  • Can you go over the differences between your sliding sleeve technology and normal sliding sleeves?
  • Is there a dissolvable component in
Birchcliff Energy Expands Core Acreage by 54,000 Net Acres with $625 Million Acquisition

Birchcliff Energy Expands Core Acreage by 54,000 Net Acres with $625 Million Acquisition

Birchcliff Energy creates a contiguous core asset base with purchase from Encana

Birchcliff Energy (ticker: BIR) announced that it will purchase all of Encana Corporation’s (ticker: ECA) Gordondale area, creating one contiguous block of assets in Birchcliff’s primary focus area …

Encana Continues to Shore Up the Balance Sheet as Production Rises

Encana Continues to Shore Up the Balance Sheet as Production Rises

Encana remains focused on its core assets

Encana Corp. (ticker: ECA, Encana.com) continued to increase production and lower its debt amid the crash in crude oil prices. The company said that it produced 274.4 MBOEPD in the fourth quarter …

February 24, 2016 - 5:03 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Encana DJ Basin Sale Expected to Close 2Q 2016

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

Encana to Hold Conference Call and Webcast on Third Quarter 2015 Results on November 12, 2015

Encana to Hold Conference Call and Webcast on Third Quarter 2015 Results on November 12, 2015

 

CALGARY, AB–(Marketwired – November 03, 2015) – Encana Corporation (TSX: ECA) (NYSE: ECA) will release its third quarter 2015 results on Thursday, November 12, 2015. The news release detailing Encana’s third quarter 2015 results will provide

November 3, 2015 - 3:06 pm Canada
Encana Oil & Gas Exits DJ Basin in $900 Million Asset Sale

Encana Oil & Gas Exits DJ Basin in $900 Million Asset Sale

Expects 2015 Net Debt to be Reduced by $3.0 Billion – 50% higher than expected.

Calgary-based Encana Corporation (ticker: ECA) is leaving behind its second United States shale play since August, selling its Denver Julesburg assets for $900 million. …

Source: Encana; Sound wall around DJ Basin well site rig niobrara colorado

Encana Reaches Agreement to Sell Its DJ Basin Assets for US$900 Million

CALGARY, AB–(Marketwired – October 08, 2015) – Encana Corporation (Encana) (TSX: ECA)(NYSE: ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets …

October 8, 2015 - 4:56 pm Canada, Energy News
Oil & Gas Drilling: Colorado Supreme Court to Hear Case on Local Control

Oil & Gas Drilling: Colorado Supreme Court to Hear Case on Local Control

Decision could have wide reaching implications for Colorado oil and gas operations

The Colorado Supreme Court announced this week that it will hear cases that will decide the debate on local control on hydraulic fracturing in state. The court agreed …

New Oil and Gas Codes in the DJ Basin

New Oil and Gas Codes in the DJ Basin

Erie, Colorado town board approves new code for operators

The town of Erie, Colorado, passed a new code for in-town oil and gas operations, affecting major oil and gas companies like Anadarko (ticker: APC), Noble Energy (ticker: NE), Encana (ticker: …

Encana Reports Core Assets Produced 257 MBOEPD in August

Encana Reports Core Assets Produced 257 MBOEPD in August

Encana reported an increase of 24 MBOEPD from Q2 averages

Calgary-based Encana Corp (ticker: ECA) reported today that production from its four main assets increased to 257,000 barrels of oil equivalent per day (MBOEPD), up 24 MBOEPD from the average …

September 9, 2015 - 6:40 pm Canada, Oil and Gas 360 Articles
Encana Announces Conference Call for Q1 Results

Encana Announces Conference Call for Q1 Results

Encana to Hold Conference Call and Webcast on First Quarter 2015 Results and Annual and Special Meeting of Shareholders on Tuesday, May 12, 2015

CALGARY, AB–(Marketwired – May 05, 2015) – (TSX: ECA) (NYSE: ECA)

Encana Corporation

May 5, 2015 - 5:07 pm Canada
Encana Completes Sale of Montney Midstream Assets

Encana Completes Sale of Montney Midstream Assets

CALGARY, AB–(Marketwired – April 01, 2015) – (TSX: ECA) (NYSE: ECA)

Encana Corporation (“Encana”) and the Cutbank Ridge Partnership (“CRP”), a partnership between Encana and a subsidiary of Mitsubishi Corporation, have completed the previously announced sale of

April 1, 2015 - 3:03 pm Canada, Midstream
Encana Corp. Increasing Capital in 2015 to Focus on Liquids Program

Encana Corp. Increasing Capital in 2015 to Focus on Liquids Program

Encana Corporation (ticker: ECA) has announced a 2015 capital budget of $2.7 to $2.9 billion, with approximately 80% directed to four of its highest margin growth plays; the Montney and Duvernay in Canada, as well as the company’s Permian and …

Encana Sees Big Potential in $7.1 Billion Acquisition of Permian Pure-Play Athlon Energy

Encana Sees Big Potential in $7.1 Billion Acquisition of Permian Pure-Play Athlon Energy

Calling the move “transitional,” Encana Corp. (ticker: ECA), Canada’s largest natural gas company, has announced it will acquire all shares and assume the senior notes of Fort Worth’s Athlon Energy (ticker: ATHL) in a US$7.1 billion cash offer, which Encana …

September 29, 2014 - 6:58 pm Canada, Mergers & Acquisitions, Oil and Gas 360 Articles