CIBC ANNUAL WHISTLER INSTITUTIONAL CONFERENCE Michael McAllister, Executive Vice-President & Chief Operating Officer Encana Corporation January 22, 2015
2015 Program Aligned with Strategy On Track to Meet Long Term Strategic Goals Vision: LEADING NORTH AMERICAN RESOURCE PLAY COMPANY Focused on developing four of the highest quality assets in North America with industry leading…
2015 Program Aligned with Core Competencies Designed to Deliver Margin Growth Top Tier Resource Robust supply costs (majority 35 - 55 per BOE) with strong liquids margins (40/BOE)* Capital Allocation Disciplined, flexible capital…
2015 Guidance Key Elements Demonstrating Business Model Sustainability Preserving balance sheet strength a key focus 800 million in divestiture proceeds expected in Q1 2015 No plans to add new debt Conservative 2015 capital program…
2015 Program Focused on 4 Key Growth Assets Strong Returns with Visible Long Term Growth 80% of 2015F capital focused on Montney Liquids rich Montney, Duvernay, Eagle Ford & Permian Duvernay High value condensate These four…