The disclosure of material improvements to well productivity in the Duvernay, Montney, Eagle Ford, and San Juan Basin was not nearly enough to offset investor disappointment that production from the Permian assets, which Encana paid $7.4 billion for last year, will not achieve the targeted average for 2015e, and investor concerns that its Permian well performance may not be living up to expectations.

28 Jul 2015
Permian Disappoints, but Concerns Regarding Well Performance Appear Unwarranted

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Permian Disappoints, but Concerns Regarding Well Performance Appear Unwarranted
Encana (ECA:TSE) | 0 0 (-1.2%) | Mkt Cap: 13,467m
- Published:
28 Jul 2015 -
Author:
Michael P. Dunn -
Pages:
14 -
The disclosure of material improvements to well productivity in the Duvernay, Montney, Eagle Ford, and San Juan Basin was not nearly enough to offset investor disappointment that production from the Permian assets, which Encana paid $7.4 billion for last year, will not achieve the targeted average for 2015e, and investor concerns that its Permian well performance may not be living up to expectations.