Mississippi. The Burkley Phillips No. 1 well will be drilled to a depth of 22,000 feet. Based on data from the Chevron Long well drilled on this property in 1981, the Company expects that this depth should allow the Company to test and complete in at least 2,500 feet of Haynesville Shale. This well should also allow the Operator to test several shallower, potentially productive formations identified during the drilling of the Chevron well.

Texas. Encana delivered strong operating performance and solid financial results in the second quarter of 2010. Cash flow was $1.2 billion, or $1.65 per share, and operating earnings were $81 million, or 11 cents per share. Encana's favorable commodity price hedges contributed $263 million in realized after-tax gains, or 36 cents per share, to cash flow. Total production in the second quarter was approximately 3.3 billion cubic feet of gas equivalent per day (Bcfe/d).

Washington. U.S. Interior Secretary Ken Salazar on Tuesday came close to accepting some responsibility for the BP oil spill, telling a U.S. House panel that government could have done more to ensure safety. 

Washington. Some 750 boats drafted in to scoop up oil from the Gulf of Mexico are having "trouble" finding any crude in the sea, a top U.S. official said Wednesday, almost a week after a busted well was capped.