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Encana Corp bucks oil sector trend with plans to boost capital spending in 2015

Encana Corp. chief executive Doug Suttles is not ruling out acting on “potential opportunities presented in this volatile price environment,” even though the company is still absorbing transformative changes he has rolled out over the past 18 months. 615 more words

Energy

Alberta will not appeal court ruling that allows lawsuit over fracking

ROSEBUD, Alta. — Alberta will not appeal a court ruling that says a woman can sue the province over hydraulic fracturing she alleges has so badly contaminated her well that the water can be set on fire. 227 more words

Cenovus to give up nearly half a million square feet in The Bow

Some of Calgary’s choicest downtown office space — a sizable chunk of The Bow tower — is expected to hit the market.

Energy giant Cenovus is looking to sublease almost half a million square feet of space there as it consolidates its workforce during the next couple of years. 365 more words

Calgary

Here's why Encana's CEO Doug Suttles is stepping on the accelerator even as oil prices plunge 30%

Facing a 30% slide in the price of crude in the past five months, Encana Corp. Chief Executive Officer Doug Suttles still has his foot on the accelerator. 822 more words

Energy

Here's why Encana's CEO Doug Suttles is stepping on the accelerator even as oil prices plunge 30%

Facing a 30% slide in the price of crude in the past five months, Encana Corp. Chief Executive Officer Doug Suttles still has his foot on the accelerator. 822 more words

Energy

Encana Corp’s operating profit nearly doubles on higher oil production

Encana Corp, Canada’s largest natural-gas producer, said its quarterly operating profit jumped 87% due to higher production of oil and natural gas liquids.

The company, under Chief Executive Doug Suttles, has been focusing on boosting production of oil and natural gas liquids (NGL) after years of weak profits caused by its reliance on natural gas production. 188 more words

Energy

Encana Corp’s operating profit nearly doubles on higher oil production

Encana Corp, Canada’s largest natural-gas producer, said its quarterly operating profit jumped 87% due to higher production of oil and natural gas liquids.

The company, under Chief Executive Doug Suttles, has been focusing on boosting production of oil and natural gas liquids (NGL) after years of weak profits caused by its reliance on natural gas production. 188 more words

Energy