100 million barrels from Varg
13. October 2014 Barrel number 100 000 000 has been shipped from the Varg field. Production on the field has thus exceeded the most optimistic production forecasts by more than 50 percent. Production on the Varg field started in December 1998. In the original plan for development and …
Best on internet
26. September 2014 According to the “Farmand Prize” jury, Det norske oljeselskap has Norway’s best website and the second best web-based annual report. In addition, the company’s printed annual report was one of the five prize candidates in its class. The Farmand Prize is Norway’s most prestigious award …
Encana Commences Cash Tender Offer for Shares of Athlon Energy
CALGARY, AB –(Marketwired – October 10, 2014) – Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) today commenced its tender offer (the “Offer”) for all of the issued and outstanding shares of Athlon Energy Inc. (Athlon) at a price of US$58.50 per share, net to the seller …
Encana Reaches Agreement to Sell Clearwater Assets to Ember Resources for C$605 Million
CALGARY, AB –(Marketwired – October 08, 2014) – Encana Corporation (TSX: ECA) (NYSE: ECA) announced today that it has reached an agreement with Ember Resources Inc. (Ember) to sell the majority of its Clearwater assets, located in southern and central Alberta, for approximately C$605 million. The …
Encana Completes Sale of Its Bighorn Assets in Alberta for US$1.8 Billion
CALGARY, AB –(Marketwired – September 30, 2014) – Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) has completed the previously announced sale of its Bighorn assets in Alberta to Jupiter Resources for a purchase price of approximately US$1.8 billion (C$2.0 billion). The sale includes approximately 360,000 net …
Encana Announces Transformative Acquisition of Athlon Energy to Establish a Premier Oil Position in the Permian
CALGARY, AB –(Marketwired – September 29, 2014) – Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) and Athlon Energy Inc. (Athlon) (NYSE: ATHL) today jointly announced that the two companies have entered into a definitive merger agreement for Encana to acquire all of the issued and outstanding …
Encana to Hold Conference Call Before North American Markets Open on Monday, September 29, 2014
CALGARY, AB –(Marketwired – September 28, 2014) – Encana Corporation (TSX: ECA) (NYSE: ECA) will hold a conference call before the North American public markets open Monday, September 29, 2014. A corresponding news release will be issued and presentation slides will be available for download from …