Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - EnCana posts biggest annual profit in Canadian history

Clarkey · 02-15-2007, 06:12 PM

I'm not really sure what to think of EnCana's strategy.

While most other Canadian independents have diversified into offshore and other international ventures EnCana dumped all that and put all their eggs in one or two baskets (western can. CBM and oil sands). How do they sustain growth long term? You can only drill so many additional CBM wells per year.

I guess if they need to adjust strategy and diversify in a few years they will have the capital to do so.

02-15-2007, 06:12 PM	#14
Clarkey Lifetime Suspension Join Date: Oct 2002 Exp:	I'm not really sure what to think of EnCana's strategy. While most other Canadian independents have diversified into offshore and other international ventures EnCana dumped all that and put all their eggs in one or two baskets (western can. CBM and oil sands). How do they sustain growth long term? You can only drill so many additional CBM wells per year. I guess if they need to adjust strategy and diversify in a few years they will have the capital to do so.