Encana continues to successfully advance its five-year plan, which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value condensate, non-Generally Accepted Accounting Principles cash flow and margin growth. The company has made significant recent progress in adding further value to this asset by improving capital efficiency, increasing returns and managing risk.
"Our world-class, condensate-rich Montney asset keeps getting better, and we believe there is an opportunity for significant upside to our five-year plan," said Doug Suttles, president and CEO of Encana. "We are making our Montney asset more valuable by operating efficiently at scale and continuously delivering leading well performance and cost efficiencies. We have secured access to infrastructure to support our growth plan and are actively managing price risk to maximize value from the Montney."
For more information, visit www. encana.com or call (403) 645-2526.
