Encana Selling More Assets, Sharpening Focus on Oil and Gas

Encana Selling More Assets, Sharpening Focus on Oil and Gas

Last week, Encana announced the sale of its Bighorn natural gas assets in Alberta to Jupiter Resources for $1.8 billion. Today, CEO Doug Suttles said that Encana will be selling more assets in order to further hone its focus on oil and gas.

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Videos

INN VIDEO: Keith Schaefer on High-risk Junior Oil and Gas Plays

At PDAC 2013, Keith Schaefer, editor and publisher of Oil & Gas Investments Bulletin, spoke with INN Editor Vivien Diniz about why junior oil and gas explorers are being pushed into frontier regions, why condensate is important and why oil prices are going to drop this year.

Company News

Hinto Energy Acquires 8 Wells in Musselshell County, Montana

Hinto Energy Acquires 8 Wells in Musselshell County, Montana

Hinto Energy Inc. (OTCQB:HENI) has acquired a 100 percent working interest in 640 acres and 8 oil wells in Musselshell County, Montana. The company currently has producing properties in Montana and Utah.

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Company Videos

INN Video: Chris Cooper of Aroway Energy Inc.

Aroway Energy (TSXV:ARW,OTCQX:ARWJF) President & CEO Chris Cooper spoke with Resource Investing News about its unique position in the oil and gas space.

Market News

Oil Exploration Shifting to More Developed Countries for More Predictable Returns

The Wall Street Journal reported today that big companies are shifting towards more developed nations for their oil and gas exploration projects. For companies like Shell (NYSE:RDS.A) and Exxon Mobil (NYSE:XOM), higher costs and tighter regulations are balanced by the benefit of political stability, according to the Journal.

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