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Amid a continuing slump in natural gas prices, Encana CEO Doug Suttles is looking to expand production of liquid products such as oil, propane and butane by 30 per cent in 2014.
Amid a continuing slump in natural gas prices, Encana CEO Doug Suttles is looking to expand production of liquid products such as oil, propane and butane by 30 per cent in 2014.
(Todd Korol For The Globe and Mail)

Encana’s growth plans have a familiar ring

It all sounds so familiar.

Struggling to make ends meet with depressed natural gas prices, Encana Corp. is pushing hard to diversify its production portfolio, turning toward liquids and shunning natural gas.

This isn’t déjà vu. Encana’s playbook looked almost identical to this in 2012. Only this time there’s a new chief executive officer in town.