Omar Rodriguez's Blog (1)

A Haynesville Head-Scratcher

Didn't see this coming....





On Friday, Canadian media reported that EnCana (NYSE: ECA) and its partner Royal Dutch Shell (NYSE: RDS-A) (NYSE: RDS-B) were looking to farm out over 130,000 acres of their Haynesville shale position to a partner. I don't blame you if you're confused by the move.



Just the other week, EnCana decided to pour more dollars (freed up by sagging service costs) into the Haynesville play. On the conference call, management identified the play as… Continue

Added by Omar Rodriguez on May 17, 2009 at 11:24 — 2 Comments

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