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Encana reports natural gas well blowout in northern Alberta, AER investigates

2015-09-22 05:05:07| Oil & Gas - Topix.net

Peter Murchland of the Alberta Energy Regulator said they were notified of the blowout about 2 p.m. on Monday by Encana Corp. . The well, located about 18 kilometres west of Fox Creek, is licensed for hydrogen sulfide, a poisonous gas that smells like rotten eggs.

Tags: reports natural gas northern

 

Encana to exit Louisiana, reap US$1.3-billion in cash and savings through sale

2015-08-25 14:34:02| Energy - Topix.net

Encana Corp. is exiting Louisiana through a proposed deal worth more than US$1.3 billion in cash and savings. The Calgary-based oil and gas producer will receive US$850 million cash and reduce its commitments by about US$480 million through the sale of its Haynesville natural gas assets in northern Louisiana, under an agreement announced Tuesday.

Tags: through sale cash savings

 
 

Encana to exit Louisiana, reap US$1.3-billion in cash and savings through sale

2015-08-25 14:02:16| Oil & Gas - Topix.net

Encana Corp. is exiting Louisiana through a proposed deal worth more than US$1.3 billion in cash and savings. The Calgary-based oil and gas producer will receive US$850 million cash and reduce its commitments by about US$480 million through the sale of its Haynesville natural gas assets in northern Louisiana, under an agreement announced Tuesday.

Tags: through sale cash savings

 

Encana Corp. posts second-quarter loss, revenue falls from year ago

2015-07-24 16:22:32| Energy - Topix.net

Encana Corp. reported a loss in its latest quarter as its U.S. operations were hit by a big impairment charge related to the drop in commodity prices. The company, which keeps its books in U.S. dollars, says its loss attributable to shareholders totalled US$1.61 billion or $1.91 per share for the quarter ended June 30. The loss for the quarter included an after-tax $1.33-billion impairment charge as well as a $187-million after-tax hit related to an unrealized hedging loss.

Tags: year ago posts loss

 

Encana Corp. posts second-quarter loss, revenue falls from year ago

2015-07-24 14:38:34| Oil & Gas - Topix.net

Encana Corp. reported a loss in its latest quarter as its U.S. operations were hit by a big impairment charge related to the drop in commodity prices. The company, which keeps its books in U.S. dollars, says its loss attributable to shareholders totalled US$1.61 billion or $1.91 per share for the quarter ended June 30. The loss for the quarter included an after-tax $1.33-billion impairment charge as well as a $187-million after-tax hit related to an unrealized hedging loss.

Tags: year ago posts loss

 

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