Permian

The Permian stretches across West Texas and Southeastern New Mexico, spanning approximately 75,000 square miles. The greater Permian is made up of several smaller basins, the largest being the oil-rich Midland basin. With its acquisition of Athlon Energy Inc., Encana added to its portfolio a premier land position in the heart of the Midland. With over 30 billion barrels of cumulative oil production, the Permian is a proven oil-rich resource play with multiple stacked horizontal targets. Encana believes the Permian’s unconventional production potential will exceed the Eagle Ford and the Bakken combined.

ECA stock price

TSX $14.67 Can -0.030

NYSE $11.07 USD -0.110

As of 2017-02-28 11:29. Minimum 15 minute delay