Point of View:EnCana's Morgan: Focus, speed key to merger succes

04/21/2003
Gwyn Morgan's stock-in-trade includes a time-tested formula for increasing assets and a deft management touch that has pulled off the biggest merger in the Canadian oil industry with an enterprise value of $30 billion (Can.).Morgan is the president and CEO of EnCana Corp., Calgary, the largest independent operator in North America. The merged company was formed just over a year ago by the marriage of two of Canada's largest exploration and production firms: Alberta Energy Company Ltd. and PanCanadian Petroleum Ltd. (OGJ Online, Jan. 28, 2002).As proof the merger is working, Morgan points to the success of efforts to build what he calls a best-in-class independent oil and gas compa...
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