Stock Report: EnCana Corp. (ECA) Report Updated: Nov 16, 2009  |  Print This Page

EnCana Corporation engages in the exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. The company owns interests in various Canadian property areas, principally comprising Suffield, Brooks North, Langevin, Drumheller, Pelican Lake, and Weyburn located in Alberta and Saskatchewan; and Greater Sierra, Cutbank Ridge, Bighorn, and Coalbed Methane located in British Columbia and Alberta. It holds interests primarily in Jonah, Piceance, East Texas, and Fort Worth resource areas located in Wyoming, Colorado, Texas, and Utah, the United States. EnCana Corporation also has interests in integrated oil and gas assets principally consisting of Foster Creek and Christina Lake located in the U.S. and Canada. As of December 31, 2008, it had net proved reserves of approximately 13.7 trillion cubic feet of natural gas and 1.0 billion barrels of crude oil, bitumen, and natural gas liquids. The company also involves in refining crude oil and marketing refined petroleum products. EnCana Corporation serves primarily local distribution companies, industrials, and energy marketing companies. It has a joint venture agreement with ConocoPhillips to engage in integrated oil business in North America. The company was founded in 1971 and is based in Calgary, Canada.