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Encana CEO says NDP appreciates importance of oilpatch and will move cautiously

CALGARY – The CEO of oil and gas giant Encana Corp. said he believes Alberta’s incoming NDP government appreciates the importance of a healthy oilpatch. 491 more words

News

Encana on the NDP

Encana CEO Doug Suttles talks about Rachel Notley and the election of the NDP in Alberta following the oil giant’s annual general meeting in Calgary Tuesday.

Politics

Encana CEO says Alberta's NDP premier appreciates oilpatch: 'We all just need to take a deep breath'

CALGARY — The CEO of oil and gas giant Encana Corp. said he believes Alberta’s incoming NDP government appreciates the importance of a healthy oilpatch. 471 more words

Energy

Encana Corp surprises with higher than expected operating profit — but still suffers US$1.7B net loss

Encana Corp., Canada’s largest natural gas producer, posted a surprise quarterly operating profit on Tuesday as investments in technology to lower well costs and increase production begin paying off. 272 more words

Energy

High court to hear suit over Alberta fracking

OTTAWA – The Supreme Court of Canada will decide whether an Alberta woman can sue the province’s energy regulator over her claim that hydraulic fracturing has so badly contaminated her well that the water can be set on fire. 128 more words

News

Low prices sink PrairieSky first-quarter net profits

First-quarter earnings tumbled at PrairieSky Royalty Ltd., the company spun out to hold Encana Corp.’s fee lands last year, as production increases failed to counter lower oil and gas prices. 178 more words

Energy

Oilpatch firms sell stock to shore up finances, but who's buying?

CALGARY – Energy firms have been looking to raise billions in financing by selling big chunks of their own stock – betting that investors smell a buying opportunity. 636 more words

Canada