Encana: a timeline of the company with its roots in the creation of Canada [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Encana: a timeline of the company with its roots in the creation of Canada February, 1881: The Conservative government, led by John A. Macdonald, creates the Canadian Pacific Railway Co., with a mandate to build a rail line across the country. As part of the deal, the new company received 25 million acres of land, some of which came with surface and mineral rights. 1883-1886: A CPR crew drilling for water near Medicine Hat hits natural gas. This is the first natural gas discovery in what would later become Alberta, marking the accidental launch of Canada’s multibillion-dollar energy industry and Encana’s lineage in the oil and gas business. CPR then drills Alberta’s first producing natural gas well, which had a lifespan of about 5 years. Encana and Canadian Pacific offer differing timelines on the discovery. 1958: CPR forms Canadian Pacific Oil and Gas Co. to hold the railway’s mineral rights. The energy outfit is part of CPR’s expanding conglomerate. Story continues below advertiseme
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