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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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This report includes 3 images and tables including:

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

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