Encana (ECA +3.2%), North America's no. 2 natural gas producer after Exxon Mobil, continues to...

|About: Encana Corporation (ECA)|By:, SA News Editor

Encana (ECA +3.2%), North America's no. 2 natural gas producer after Exxon Mobil, continues to rise in the wake of yesterday's news that XOM is bolstering its Canadian shale gas portfolio with its purchase of Celtic Exploration. Shares are up 6.5% since the announcement. Also, Cormark says ECA is undertaking a process to identify potential partners for its liquids-rich plays.