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Encana to focus spending on four core shale assets in 2015

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Encana to focus spending on four core shale assets in 2015

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NewsPoster Joined: Mon Aug 30, 2010 9:56 am Posts: 20756	Encana to focus spending on four core shale assets in 2015 OGJ Production News Encana Corp., Calgary, reported plans to spend $2.7-2.9 billion on its capital budget with roughly 80% of this total directed towards four of what the company is calling its “highest margin growth plays,” namely the Montney and Duvernay shale areas in Canada and the Eagle Ford and Permian areas in the US. Encana expects to generate about 75% of its 2015 cash flow from oil and liquids production. Read more
Wed Dec 17, 2014 12:55 am
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