Encana Corp. made changes to its executive leadership team on Sept. 10, including the promotion of Michael McAllister to president, Brendan McCracken to executive vice president of corporate development and external relations, and Greg Givens to COO. These changes are effective immediately.
McAllister, with more than 30 years of industry experience, joined Encana nearly 20 years ago and previously served as Encana's executive vice president and COO. In his new role as president, McAllister will continue to report to Suttles and will assume leadership responsibilities for the company’s operations, exploration and land, marketing and midstream and corporate services.
Through his tenure at Encana, McAllister has held positions of increasing responsibility and has been instrumental in leading the company’s transformation to a top-tier, liquids-focused North American producer. He holds a Mechanical Engineering degree from Concordia University.
Brendan McCracken was promoted to executive vice president of corporate development and external affairs and will report to Suttles. In his new capacity, he will be responsible for leading business development and corporate strategy, investor relations, corporate communications and government affairs.
Greg Givens was promoted to COO and will report to McAllister. Givens joined Encana in 2018 and previously served as vice president and general manager of Texas operations. In this role, he has managed the efficient development of Encana’s Eagle Ford and Permian Basin assets.
"Today's news recognizes the important contributions that these leaders have had on the success of Encana, but more importantly, it represents the quality of our leadership and our preparedness for the future,” Doug Suttles, Encana’s CEO, said.
Success in those projects would result in its reserve base reaching 3.7 billion barrels over the next seven years and help Woodside expand production by 6% a year over the next decade, the company said.
Output at the largest formation, the Permian Basin of Texas and New Mexico, is expected to rise 57,000 bbl/d to 4.73 MMbbl/d.
Plans are for the well, which was drilled into two untested fault blocks east of the Cashima Field, to be completed by the end of November, the company said.