Paul Cox Profile picture
People, Ideas & Objects provide O&G producers with the ability to deal with industry difficulties and achieve profitable energy independence in North America
Sep 5, 2019 7 tweets 3 min read
If we recall back in one of those five good years of the past thirty four. When members of the service industry were busy working as hard as they could. Companies such as @encana accused them of being lazy and greedy for billing what the market would bare… That same disrespect and pious attitude is evident in @encana unwillingness to pay the service industry for the work they’ve done, and are rightfully owed. Buying stock to shred the certificates is more important than paying the people who are suffering the most in this downturn?
Sep 4, 2019 9 tweets 2 min read
Today Encana Corporation announced the completion of their previously announced normal course issuer bid. This information is fascinating and provides a clear look at the objectives and strategies at play in the oil and gas industry. Based on the second quarter report we know… In the first half of 2019 the company recorded the acquisition of 186.9 million shares for $1.487 billion. The announcement was these programs are now complete and its unknown how many shares were acquired and dollars spent in total. Other interesting facts from f/s...