The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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CALGARY - Encana Corporation's wholly owned subsidiary, Newfield Exploration Mid-Continent, closed on its previously announced sale of its natural gas assets in Oklahoma's Arkoma Basin. Proceeds from the sale will be used to reduce debt.
Encana's Arkoma assets included approximately 140,000 net acres of leasehold and production of approximately 77 MMcfd (98% natural gas). Encana’s full-year proforma production guidance range of 560,000 – 600,000 boepd remains unchanged.
Along with the rapid development of China's energy industry, China Oil & Gas Pipeline network is experiencing unprecedented great structure, large-scale construction and giant leap. Read More >
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