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Encana swings into red on impairment charge
Encana Corp, which faces antitrust investigations following a Reuters report that it colluded with Chesapeake Energy Corp to lower the price of Michigan exploration lands, reported a second-quarter net loss on Wednesday as it wrote down assets because ...
Encana: Deep Panuke back in production by end of summer
The Deep Panuke offshore field is expected to be producing 300 million cubic feet of gas daily later this year when it reaches full production, says the president of the company operating the field.
Nexen deal puts Ottawa on the spot
However, make no mistake, it will make it hard to reject the takeover of other Canadian oil and gas 'champions' with depressed share prices that since the BHP/Potash saga have been seen as off limits, such as Encana Corp., Talisman Energy Inc. and ...
China oil giant buys into North America  CNNMoney
Shale Writedowns Begin as Lower Prices Follow Record M&A
The clearest sign came yesterday, when BG Group Plc and Encana Corp. said they were writing down a total of $3 billion in the value of their gas properties in North America.
Waiting for the energy sector to rebound
The diverse portfolio of industry giants, however, has not protected unitholders from the slump in both oil and gas. Shares of Talisman Energy Inc., for example, are down nearly 40% this year, while Encana Corp. and Canadian Natural Resources are both ...
Crescent Point's Saxberg: Canada's obscure oil baron
Scott Saxberg still gets his morning caffeine fix from a Starbucks in the lobby of the Suncor Tower where the head offices of Crescent Point Energy Corp.
Kudu Industries, Hydrotestors branch out to global markets
After all, it was only last year when a blockbuster deal between PetroChina Ltd. and Encana Corp. fell apart amid disagreements over who would operate a joint venture on the Calgary firm's Cutbank Ridge property in British Columbia.
Chesapeake Energy Cheat Sheet: What's Been Uncovered So Far
The company was rocked anew last week when the news agency disclosed a series of email exchanges [3] in which McClendon and other Chesapeake executives appeared to collude with officials at EnCana Corp., Canada's largest natural gas company, ...
Chesapeake Energy – Timeline of Controversies  ValueWalk
Malaysia's Petronas ups offer for Progress Energy to US$5.9-billion
CALGARY - When Malaysia's state-owned oil and gas firm offered to buy Progress Energy Resources Corp. for 77% above the Calgary-based company's market value last month, few thought the bid would be bettered.
Where are the gains for Canada in CNOOC-Nexen deal?
Of these, only three have oil sands exposure: Suncor Energy Inc., Canadian Natural Resources Ltd. and Cenovus Energy Inc. Two are in conventional oil and gas: Encana Corp. and Talisman Energy Inc. Their stock prices are so depressed, largely because ...