Located in Western Oklahoma, the Anadarko Basin is among the premier shale plays in North America, approaching 40,000 feet in thickness in its deepest portion. In 2019, with its acquisition of Newfield Exploration, Encana added approximately 360,000 acres in the liquids-rich SCOOP and STACK portions of the basin. The acreage is well-suited for long laterals and the multiple stacked horizons are ideal for the company’s three-dimensional cube development. The STACK alone holds more than 700 feet of saturated hydrocarbon intervals and is competitive with the best wells in North America.

ECA stock price

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As of 2019-03-25T16:00:00. Minimum 15 minute delay