Investment Update | Review + Outlook
​Encana is poised to benefit from continued liquids growth against a backdrop of improving prices. Additionally, ECA has proven to be among the best in terms of driving efficiencies in its business with expectations to maintain most of those cost savings going forward.
Encana is in the business of the exploration for, the development of, and the production and marketing of natural gas, oil and natural gas liquids (NGLs). All of Co.'s reserves and production are located in North America. As at Dec. 31, 2016, total proved developed and undeveloped reserves for natural gas, oil, and NGLs were 2.90 billion cubic ft., 155.6 million barrels (MMbbls), and 150.4 MMbbls, respectively. Co.'s operating and reportable segments are: Canadian Operations, USA Operations, and Market Optimization.
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