Tuesday, July 24, 2012

Encana Earnings Call

Encana will hold their quarterly conference call tomorrow.  It will be interesting to see if they announce a partner in the TMS and updated drilling plans.
For details:

The call mostly presented "high level" corporate financials and the discussions were mainly focused on natural gas prices.  A summary of TMS related items:

·       Increase pace in oil plays

·       Made tremendous progress in evaluating new plays

·       Leverage joint ventures to accelerate development

·       Dataroom open for US liquid rich plays; expect bids in fall

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