Related Articles
Forward article link
Share PDF with colleagues

Eresman quits Encana

Randy Eresman stepped down as chief executive of Canadian natural-gas company Encana, the third top-level resignation from a Canadian gas producer in the past 12 months. Board member Clayton Woitas has taken over as interim chief executive. Eresman, who announced his decision on 11 January, has already vacated the post. He will step down from the board of directors on 28 February. It is a swift end to a 35-year career. The timing of his departure - 4 pm on a Friday afternoon - raised questions about the outlook for the company, which is North America’s third-largest natural gas producer after Chesapeake Energy and ExxonMobil. Encana produces about 3 billion cubic feet of equivalent a day

Also in this section
Can Senegal rejuvenate West Africa’s upstream?
19 July 2016
Relative stability and promising geology may yield another new frontier in the region
Ghana's prospects brighten
19 July 2016
After some offshore problems, the country’s upstream should see significant growth in the coming months
Nigeria: delta of trouble
19 July 2016
Nigeria planned to clean up its oil sector and increase production, but the optimism is fading