April 22, 2009 / 6:54 PM / 9 years ago

EnCana CEO says weak gas price may mean capex cut

CALGARY, Alberta, April 22 (Reuters) - EnCana Corp (ECA.TO) may be forced to cut its 2009 capital expenditures if natural gas prices do not rebound from current levels, the company’s chief executive said on Wednesday.

Randy Eresman also told reporters that investors should forget about EnCana’s plans to split itself into natural gas and oil sands arms in the current environment of weak commodity prices and financial uncertainty. (Reporting Jeffrey Jones, writing by Scott Haggett; editing by Rob Wilson)

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