Status:  Development

First gas expected: 2010   

Field location: 250 km (155 mi) southeast of Halifax, NS

Operator: EnCana Corporation

Water depth: 45 m (148 ft)

Discovery announced: 2000

Estimated recoverable resources:  ~ 400 bcf – 900 bcf (with a mean ~ 630 bcf sales gas recoverable)

Production life: 8.5 - 17 years (avg ~ 13 years)

Project schedule:
EnCana's Board of Directors sanctioned Deep Panuke for development in October 2007. In November 2007, EnCana announced that it had entered into an agreement with Single Buoy Moorings Inc. (SBM) for the provision and operation of the Deep Panuke production field centre. Regulatory applications for Deep Panuke were filed in 2006, with approvals granted in 2007.

Mode of development:
Offshore production and processing.  Subsea pipeline transportation to landfall in Nova Scotia.

Production rate: Design capacity of 300 MMcf/d

For further information:
EnCana Corporation
1701 Hollis St., Suite 700
Halifax, NS  B3J 3M8
Website: www.encana.com
Tel: 902-422-4500
Fax: 902-425-2766
Email: DPinfo@encana.com

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