Ann: Update on Sale of Duvernay and Rock Creek Ac, page-35

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  1. V8
    9,963 Posts.
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    re: Ann: TSV: Update on Sale of Duvernay and ... The economics of the Duvernay stand on prolific, condensate-rich production. Encana is spending $600 million (gross with Phoenix Energy Holdings Ltd.—PetroChina’s Canadian subsidiary) in the play this year. It has drilled 13 wells on a rig release basis to date. One of those wells has produced a widely publicized 1,400 barrels per day of condensate and four million cubic feet per day of natural gas after 30 days.

    This is bo where near us but given what Talisman has achieved its cetainly what were in line for I think

    http://www.junewarren-nickles.com/feature.aspx?id=9382
 
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