Randy

Encana U.S. Liquids Output Set to Double This Year

Liquids-rich onshore plays from a stable of better-known assets, including the San Juan Basin, and an emerging portfolio of unconventionals will “almost double” domestic liquids production this year, Encana Corp. U.S. chief Jeff Wojahn said Tuesday.

April 24, 2013

People

Randy L. Limbacher, former chairman, CEO and president of Rosetta Resources Inc., is taking the helm of Tulsa onshore operator Samson Resources Corp. Limbacher, who has 32 years in the exploration business, ran Rosetta from November 2007 until the end of February. He previously was president of exploration and production in the Americas for ConocoPhillips and worked at predecessor Burlington Resources Inc. for 20 years.

April 22, 2013

People

Randy L. Limbacher, former chairman, CEO and president of Rosetta Resources Inc., is taking the helm of Tulsa onshore operator Samson Resources Corp. Limbacher, who has 32 years in the exploration business, ran Rosetta from November 2007 until the end of February. He previously was president of exploration and production in the Americas for ConocoPhillips and worked at predecessor Burlington Resources Inc. for 20 years. “With positions in some of the best plays in North America, a dedicated team of talented executives, and the backing of leading energy investors, Samson is well positioned to begin its next phase of growth,” said Limbacher.

April 18, 2013

Encana Searching for New CEO

Encana Corp. is searching for a permanent CEO after Randy Eresman, who had spent his entire career at the Calgary company, suddenly resigned earlier this month. Director Clayton H. Woitas, who is CEO of privately held Range Royalty Management Ltd., remains interim president and CEO until a successor is named.

January 21, 2013

Questions Swirl on Encana CEO’s Abrupt Resignation

Randy Eresman, who has led Encana Corp. since 2006, suddenly resigned on Friday, fueling speculation about whether he jumped or was pushed out of the boardroom.

January 15, 2013

Interim Chief Takes Reins at Encana

Encana Corp. President and CEO Randy Eresman’s sudden departure last Friday is fueling speculation by energy analysts and investors about who might become his successor. Encana director Clayton H. Woitas, who is CEO of privately held Range Royalty Management Ltd., will be interim president and CEO until a successor is named.

January 15, 2013

Encana Cautious on Natural Gas Price Recovery

Encana Corp. CEO Randy Eresman, whose company is one of the largest onshore producers in North America, said last week the company remains “cautiously optimistic about our natural gas price recovery this year. We continue to see evidence on both the demand and supply front that supports this assertion.”

October 29, 2012

Encana ‘Cautiously Optimistic’ on Natural Gas, But Liquids Still Focus

Encana Corp. CEO Randy Eresman, whose company is one of the largest onshore producers in North America, said Wednesday the company remains “cautiously optimistic about our natural gas price recovery this year. We continue to see evidence on both the demand and supply front that supports this assertion.”

October 26, 2012

Industry Brief

A unit of Willbros Group Inc.’s oil and gas business has been awarded a contract by Energy Transfer Partners LP to construct a portion of the Red River Gathering Pipeline (RRG). Work is to include construction of 97 miles of 30-inch diameter pipeline from Ardmore, OK to Denton, TX. Construction is scheduled to begin in early April. The project is part of an agreement for Energy Transfer to provide gas gathering, processing and transportation services in the Woodford and Barnett shales for XTO Energy Inc., a subsidiary of ExxonMobil Corp. (see Shale Daily, Oct. 24, 2011). “The significant growth in the midstream market is driving additional opportunities for our strategy to offer comprehensive services to project developments in the liquid-rich drilling plays such as the Woodford shale,” said Willbros CEO Randy Harl.

April 3, 2012

New Morgantown Mayor Worried About Fracking Ban

The new mayor of Morgantown, WV, said he is concerned about the potential legal ramifications from the city’s new ordinance banning hydraulic fracturing (fracking), but he indicated that the city will keep the ban in place for now.

July 13, 2011
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