Encana: 'We own the Piceance'

01/17/2011
Alan PetzetChief Editor-ExplorationWhen listing the public companies that want to be associated with liquids resource plays as opposed to gas plays, don't include Encana Corp.The Calgary firm has refocused its operations on North America and is a large participant in several resource plays in Canada and the US. The Piceance basin Williams Fork tight sand and the North Louisiana Haynesville shale are two of the company's large US ventures.In the Piceance basin, Encana owns 869,000 net acres bounded roughly by Rangely, Grand Junction, Rifle, and Meeker, Colo. More than 70% of the lands are undeveloped.Jeff Wojahn, executive vice-president of Encana and president of its USA Division, told an...
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