ENCANA : Acreage Acquired in Duvernay Shale Formation
Encana increases exposure to liquids-rich plays -- Niobrara andDuvernay Across the Piceance and Denver-Julesburg (DJ) basinsin Colorado, Encana has identified Niobrara and Mancos shale potential.The identified areas cover more than 600,000 net acres in the Piceanceand approximately 40,000 net acres in the liquids-rich DJ Basin. Thecompany continues to evaluate this play with five wells drilled to dateand another three planned for the first half of 2011. In addition,Encana has established a large land position in the Duvernay shale inAlberta, a play that has demonstrated significant liquids potential. Thecompany also plans to further evaluate this play in 2011.