Articles Tagged "operating"

EnCana Profit slipped, but beats Street on Oil Sands

EnCana Corp, Canada’s biggest energy company, declared its second-quarter profit slipped 80 percent as oil and gas prices sank, but operating results beat expectations on a strong showing from its oil sands division. For full story, click here

True Energy unveiled year end 2008 financial results

True Energy Trust unveiled its financial and operating results for the year ended December 31, 2008. The Trust reported to have entered into various commodity risk management contracts. Effective October 1, 2008 this tuck-in acquisition added approximately 225 bbls/d of heavy oil production for metrics of $19,100/boe/d and $8.60/boe. For full story, click here