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Encana Corporation (TSX: ECA, NYSE: ECA) is one of
North America's largest natural gas producers, with about 95% of its production
being natural gas. The company produced approximately 1.2 trillion cubic feet
(34 billion cubic metres) of natural gas in 2010.The corporate headquarters are in Calgary, Alberta.
In Canada, Encana has onshore operations in Alberta, northeast British Columbia
and an offshore development off the coast of Nova Scotia. In the United States,
Encana's subsidiary operates in Colorado, Wyoming, Texas, and Louisiana.
As of December 2009, Encana invested US$24 million
in 63 environmental efficiency projects since the inception of the
Environmental Efficiency Fund in 2007. Another program, Encana's Environmental
Innovation Fund, “supports technologies that reduce air emissions, increase
energy efficiency, improve water conservation, enhance waste management, and
develop new renewable energy.” A new 58-story headquarters for Encana's Calgary
staff, called The BOW, has recently opened. It is the tallest office tower in
Canada outside of Toronto and was completed in late 2012. The building is
occupied by Encana and Cenovus Energy Inc.
On November 30, 2009, Encana split into two
independent companies focused on distinct businesses. The unconventional
natural gas company retained the name Encana and the integrated oil company is
called Cenovus Energy.February 1, 2012, Encana was voted one of Alberta's
Top-55 Employers and recognized for being a both a leader in its industry and
for offering an exceptional place to work.
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