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Vol. 7, No. 18 Week of May 05, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


EnCana Corp. pumps up first quarter production by 12 percent

CEO Gwyn Morgan says company on target to boost output by 55% over next three years; 310 staff get severance packages as part of cost-cutting

Gary Park

PNA Canadian Correspondent

EnCana Corp. has rolled out its first set of numbers that show first-quarter production of 700,846 barrels of oil equivalent in the first quarter, up 12 percent from the combined output of its founding companies a year earlier. Natural gas sales climbed 21 percent to 2.7 billion cubic feet per day,....

    [additional news subjects in this story]

Target of 55 percent production growth

Drilling, production highlights


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