{"id":694531,"date":"2010-03-18T08:06:00","date_gmt":"2010-03-18T12:06:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:409370"},"modified":"2010-03-18T08:06:00","modified_gmt":"2010-03-18T12:06:00","slug":"encanas-lofty-target","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/694531","title":{"rendered":"EnCana&#8217;s lofty target"},"content":{"rendered":"<p>Encana Corp.\u2019s gutsy, and slightly out-of-character, move to <a href=\"http:\/\/www.financialpost.com\/story.html?id=2691316\" >double its production<\/a> in five years caught the attention of the market.&nbsp; Encana is not adding any new natural gas plays to its portfolio, just planning on going with the drill-baby-drill approach. <\/p>\n<p>\u201cOrdinarly, big production growth thrusts do not impress us, largely because they raise the risk profile associated with execution and\/or potentially undermine margins,\u201d Greg Pardy, a research analyst at RBC Dominion Securities Inc., wrote in a research note.&nbsp; \u201cNonetheless, Encana\u2019s circumstances are different in our minds given its favourable track record of low cost growth and in meeting its production targets.\u201d<\/p>\n<p>Mr. Pardy\u2019s attitude perfectly reflects Calgary\u2019s quasi-skeptical reaction to Encana\u2019s lofty target: If anyone can do it, Encana can.<\/p>\n<p><a href=\"mailto:ctait@nationalpost.com\">Carrie Tait <\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=409370\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Encana Corp.\u2019s gutsy, and slightly out-of-character, move to double its production in five years caught the attention of the market.&nbsp; Encana is not adding any new natural gas plays to its portfolio, just planning on going with the drill-baby-drill approach. \u201cOrdinarly, big production growth thrusts do not impress us, largely because they raise the risk [&hellip;]<\/p>\n","protected":false},"author":2570,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12076,4821],"tags":[],"class_list":["post-694531","post","type-post","status-publish","format-standard","hentry","category-energy","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2UG7","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/694531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2570"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=694531"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/694531\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=694531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=694531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=694531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}