CREDIT SUISSE 20 TH ANNUAL ENERGY SUMMIT Doug Suttles, President & CEO Encana Corporation February 26, 2015
2014 - Executing on Strategy Repositioned and re-sized the organization Reduced work force by 25% Achieved total cost savings of approximately 150 million Exercised disciplined capital allocation Focused capital on growth assets…
2015 Capital Focused on Four Strategic Growth Assets Strategy Enables Ongoing Portfolio Evolution 80% of 2015F capital focused on highest margin production: Permian, Eagle Ford, Montney, Duvernay Montney High quality resources with…
2015 Continued Focus on Operational Excellence Deliver Growth from all Four Strategic Assets in 2015 Deliver profitable liquids growth Total Production (MBOE/d) 2015 average annual liquids growth of 60% Permian + Eagle Ford + Montney +…
Updated 2015 Guidance Capital Program + Anticipated Dividends To Be Fully Funded 2015F Total Cash Flow (B) 1.4 1.6 - per common share, diluted (/sh) 1.90 2.15 Capital Investment (B) 2.0 2.2 Natural Gas (MMcf/d) 1,600 1,700 Oil &…
2015 Financial Positioning Capital Discipline, Maintain Liquidity, Financial Flexibility Committed to maintaining investment grade credit rating All three rating agencies confirmed mid-BBB ratings after the Athlon acquisition…
Well Positioned For 2015 & Beyond Continuous evaluation of our portfolio Relentless pursuit of efficiencies Growing high margin production from four most strategic assets Enhancing performance from our base portfolio Maximize…
Disciplined Focus on Profitable Growth VISION: Leading North American oil and gas resource play company High quality rocks Scale and running room Operational excellence Portfolio optionality STRATEGY: Disciplined focus on…