FP Trading Desk submits: Significant exposure to two of the hottest new emerging shale plays in North America should add considerable value to EnCana Corp.'s (ECA) natural gas pipeline in the coming years. That's the opinion of several analysts who Tuesday weighed in on the announcement that EnCana has 220,000 net acres in the Horn River shale play of Northeast B.C., and 325,000 net acres in the Haynesville shale play in Louisiana and Texas. Drilling results to date at both plays has been compared to the Barnett shale gas play and EnCana said it believes each play can achieve production of 1 bcf per day in the future. Complete Story » ...
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FP Trading Desk submits: Significant exposure to two of the hottest new emerging shale plays in North America should add considerable value to EnCana Corp.'s (ECA) natural gas pipeline in the coming years. That's the opinion of several analysts who Tuesday weighed in on the announcement that EnCana has 220,000 net acres in the Horn River shale play of Northeast B.C., and 325,000 net acres in the Haynesville shale play in Louisiana and Texas. Drilling results to date at both plays has been compared to the Barnett shale gas play and EnCana said it believes each play can achieve production of 1 bcf per day in the future. Complete Story » ...