Canada's East Coast: Deep Panuke achieves first production

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Report summary

Yesterday, Encana announced that all four production wells at its long-awaited Deep Panuke project are flowing gas. Deep Panuke is the second offshore gas project to come onstream in Nova Scotia, following the ExxonMobil-operated Sable Offshore Energy Project, which began production over a decade ago.

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    Canada's East Coast: Deep Panuke achieves first production

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Table of contents

  • Over a decade of preparation
  • Positive point-forward economics despite challenges
  • What’s next for Nova Scotia?
  • Appendix – economic assumptions

Tables and charts

This report includes 3 images and tables including:


  • Gas price sensitivity
  • Remaining post-tax NPV at possible contracted prices
  • Deep Panuke

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