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Bullboard - Stock Discussion Forum Encana Corporation T.ECA

Encana is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2018, the company reported net proven reserves of 726 million barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2018 at a ratio of 43% oil and natural gas liquids and 57% natural gas.

TSX:ECA - Post Discussion

Encana Corporation > Oil is up 60% but Opec spare capacity looms
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Post by exprohibition18 on Feb 15, 2021 8:59am

Oil is up 60% but Opec spare capacity looms

If you are russia or Saudi the spigots are gonna flow oil before Permian goes on a production boom again
Comment by BarbarousRelic on Feb 16, 2021 10:57am
OVV will ALWAYS have to compete against lower cost producers. Fracking in the middle east is beginning to accellerate: https://www.reuters.com/article/us-saudi-shale-gas-idUSKCN20I29A
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