EnCana fattens proven reserves by 12 percentBoost includes 1.7 trillion cubic feet of North American gas additions; reverses wave of Canadian write-downs; results stem partly from 2002 reduction Gary Park Petroleum News Calgary Correspondent
EnCana has put a stop to a parade of bad news from Canadian E&P companies which have reported vanishing reserves over the last two weeks.
The giant independent reported a 12 percent hike in proven reserves, mainly the result of an aggressive drilling program of 5,600 wells in 2003.
The net gain bo....
[additional news subjects in this story]
EnCana trimmed reserves in 2002 New fields won’t be added until under development
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 