Encana beats a retreat
Weak economic recovery, low gas prices, force sidelining of aggressive production goals, restoring liquids to portfolio, JV hunt
For Petroleum News
A year of grumbling and sniping by analysts and investors at Encana’s high-risk strategy of doubling its per-share output by 2015 culminated April 19 when North America’s second largest natural gas producer took a sharp course correction.
Chief Executive Officer Randy Eresman reluctantly conceded t....
[additional news subjects in this story]
Signs of trouble building
Full scramble mode
More time and money into liquids
JV, farm-out deals
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