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Impacts on your DC real estate: Encana


Blog by Kevin Kurjata | October 7th, 2010


Encana, a major regional player in the natural gas business:

  • is doubling regional production by 100%, to 600mmcf/day, over the next 5 years 
  • is using Joint Ventures with Asian partners:
    • to increase returns to shareholders
    • to accelerate cost reductions within the "Gas Factory" production model 
    • to drive technological innovation and logistics efficiencies 2
  • the Montney play surrounding Dawson Creek is Encana's most economic production in NA1
  • is currently realizing 10% ROC for shareholders from $3.50 NG pricing 
So what has that to do with your Dawson Creek real estate?
  • EnCana is drilling / fraccing 50+ wells per year over the next 5 years
  • will add significant long-term, highly-skilled production jobs at several points on the natural gas supply chain: --- jobs deliver population growth and demand for real estate in Dawson Creek. 

References:
1: Jeff Wojan, VP, Encana, at Peters & Co. 2010 North American Oil & Gas Conference, Montreal, 14 September, 2010
2: Randy Eresman, CEO, Encana, at CAPP Conference, Calgary, 14 June, 2010
http://www.encana.com/investors/presentations/pdfs/20100914-naoilgasconf-presentation.pdf
10-09-14 Encana JV model + benefits (PPT)

Watch this space for economic impacts on your real estate!

Call me to confidently take your next step in this dynamic marketplace!

I look forward to meeting you.

Kevin Kurjata
call: 250.719.3539
see: www.KevinK.ca