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 Reports 88% Increase in Oil and Gas Sales, Year Over Year

Hinto Energy Reports 88% Increase in Oil and Gas Sales, Year Over Year

Hinto Energy Inc. (OTCQB:HENI) announced its operational results for the three and six months ending June 30, 2014. Hinto reported oil and gas sales of $163,339 for Q2 and sales of $191,339 for the first half of the year, amounting to an 88 percent increase over the comparable period in 2013.

TAG Oil Increases Net Daily Production

TAG Oil Ltd. (TSX:TAO,OTCQX:TAOIF) announced its results for the first fiscal quarter of 2015, commenting that it achieved average net daily production of 1,750 boe (74 percent oil), an 18-percent increase from the previous quarter.

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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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