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
Statoil's ray of North Sea sunshine
17 October 2017
The Verbier discovery is undoubtedly a welcome boost for the UK oil industry, but plenty more like it will be needed to arrest the region’s decline
10 lessons from a decade of exploration
17 October 2017
Finding oil and gas in frontier plays has become harder. An industry veteran has some advice
Brazil beckons with new oil auction
13 October 2017
The first bid round in two years will test investor interest after a tumultuous period for the country