Canadian operations

The Canadian Division includes the exploration for, development of, and production of natural gas, oil and NGLs and other related activities throughout Canada, primarily in the West.

In 2012, Encana split its Cutbank Ridge resource play into two plays, Cutbank Ridge in British Columbia and Peace River Arch in Alberta, with comparative information restated. This reflects the Company’s future development plans for Cutbank Ridge as a result of the Company’s partnership with Mitsubishi. In addition, the Coalbed Methane resource play was renamed Clearwater.

In 2012, the Canadian Division had total capital investment of approximately US$1,567 million and drilled approximately 372 net wells. Production after royalties averaged approximately 1,359 MMcf/d of natural gas and approximately 19.4 Mbbls/d of oil and NGLs. At December 31, 2012, the Canadian Division had an established land position in Canada of approximately 10.1 million gross acres (8.0 million net acres), including approximately 5.1 million gross undeveloped acres (4.0 million net acres).

The Deep Panuke natural gas project offshore of Nova Scotia is also included in the Division.

Our Canadian natural resource plays

British Columbia:

Cutbank Ridge
Located in the foothills of the Rocky Mountains southwest of Dawson Creek.

Greater Sierra (incl. Horn River)
Found in the northeast corner of the province in the area of Fort Nelson.

Alberta:

Bighorn
East of Grande Cache in the west central part of the province.

Peace River Arch
A newer resource play in the northwest of the province in the area of Grande Prairie.

Clearwater (incl. Clearwater Oil)
Extends from the U.S. Border to the central part of the province with local communities that include Calgary, Strathmore, Drumheller and Red Deer.

Duvernay
An emerging Canadian Resource play located in west central Alberta.

ECA stock price

TSX $25.78 Can 0.140

NYSE $23.39 USD 0.130

As of 2014-04-17 16:00. Minimum 15 minute delay