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Vol. 10, No. 18 Week of May 01, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


EnCana sells Gulf of Mexico assets to Statoil

Sale includes interests in six deepwater discoveries, 41million barrels at Tahiti, five other discoveries are under appraisal

Petroleum News

Calgary-based EnCana Corp.’s U.S. affiliates have reached an agreement to sell all of their interests in the Gulf of Mexico to Statoil for approximately US$2 billion cash, making the deepwater Gulf a core area for the Norwegian energy giant. For EnCana, North America’s largest gas producer at about....

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100,000 boe per day after 2012


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