Our strategy

Our strategy: unlock the tremendous value unrecognized within our asset base.

Focused on innovation and efficiency, our strategy positions us to excel and is based on a six-faceted approach to provide the greatest long-term value for our shareholders:

  • Comprehensive disclosure of reserves and resources
    • with 100 percent of our reserves and contingent resources externally evaluated by independent Qualified Reserves Evaluators, we lead in reserves and resources evaluation practices with more consistent and comprehensive disclosure
    • we have the largest reserves estimates and longest estimated resource life in our history
    • we have approximately 50 years of drilling inventory based on best estimate case of our economic contingent resources
  • Accelerate pace of development
    • our inventory provides the basis for developing resources at a quicker rate
    • our assets are capable of a very high growth rate
  • Advance resource play hub design and development
    • our resource play hub model strives to reduce operating and capital costs while continually improving operating efficiencies to maximize the margins realized on every single natural gas molecule produced
    • our resource play hubs focus on pad drilling, with concurrent drilling and completions operations
    • the reach of our horizontal wells is now approaching two miles in length
    • a central well pad can drain up to six square miles
    • surface disturbance is a fraction of what a vertical well development requires
    • new equipment and processes are actively being designed and implemented
    • all of our major resource plays are expected to be developed this way in the future

    Learn more about our resource play hub approach to development.

  • Increase exposure to oil and natural gas liquids
    • we expect to significantly increase oil and natural gas liquids exposure in the next few years
    • focus more capital into higher liquids areas of our existing developments
    • extract more natural gas liquids from higher British thermal unit gas streams
    • expand our dry gas development into liquids-rich windows
    • explore our existing land base for higher liquids-rich fairways

    Emerging plays

    See our resource, emerging, and liquid rich plays

    Learn more about our key, emerging and liquids resource plays.

  • Attract third party investments in undeveloped reserves and resources
    • provides immediate recognition of hidden resource value
    • achieves targeted reduction in resource inventory
    • enhances financial flexibility
    • creates strategic partnerships
    • aligns with our goal to expand the natural gas market
  • Grow the market for North American natural gas
    • advocate for the expanded use of natural gas in power generation and transportation
    • expand use of natural gas in industrial applications
    • access new natural gas markets, such as exporting liquefied natural gas

    Learn more about our vision for a future fueled by natural gas.

View Resource Play Hub

View Encana's Constitution

ECA stock price

TSX $19.86 Can -0.040

NYSE $19.87 USD -0.140

As of 2012-02-22 16:01. Minimum 15 minute delay