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earnings
Format: PDF earnings
EnCana Corporation presented Q2 2016 results highlighting cost reductions of $100 million, 30-40% decline in drilling and completion costs, and over 35% returns on capital. The company raised 2016 production guidance by 10,000 BOE/d and increased drilling activity by 50% while maintaining disciplined capital allocation, with expectations to reduce net debt for the second consecutive year.
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