Encana (ECA) has been expanding in the burgeoning Collingwood oil shale exploration region in...

|About: Encana Corporation (ECA)|By:, SA News Editor
Encana (ECA) has been expanding in the burgeoning Collingwood oil shale exploration region in Michigan that Chesapeake (CHK) had recently abandoned and has emerged in a possible bid-rigging controversy, Bloomberg reports. ECA says it has seen “positive drilling results” in Michigan and plans to drill five to seven new wells there this year.