Canadian gas giant Encana has earmarked around US$1.8 billion in capital expenditure for the year, with shale plays in the US and at home set to receive the lion’s share, writes Eoin O'Cinneide.
The Calgary-based independent said this week it anticipates 2018 capex to be around the same as last year’s US$1.8 billion, with virtually all of it to go on core assets.
