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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.