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by Stockwatch Business Reporter

West Texas Intermediate crude for November delivery added 26 cents to $52.14 on the New York Merc, while Brent for November lost 54 cents to $57.90 (all figures in this para U.S.). Western Canadian Select traded at a discount of $11.45 to WTI ($40.69), unchanged. Natural gas for October added five cents to $2.97. The TSX energy index added 1.63 points to close at 192.44.

EnCana Corp. (ECA) added 44 cents to $14.73 on 12.5 million shares, after cheering the earlier-than-scheduled start-up of a new gas plant in the B.C. Montney. The B.C./Alberta Montney is one of EnCana's four core plays, with the others being the Texas Permian, the Texas Eagle Ford and the Alberta Duvernay. EnCana is a fan of the Montney for its liquids-rich production. In the second quarter of this year, the company's total liquids production from the Montney averaged about 16,000 barrels a day. EnCana has said it wants to roughly double that to 30,000 barrels a day in the fourth quarter of this year (and then roughly double that to 70,000 barrels a day by 2019). To do that, it needs more infrastructure, and to that end, it has been working with Veresen on three new processing plants. Each of the plants was scheduled to start operating next quarter. EnCana trumpeted this morning that the first plant came on-line on Sept. 20, well ahead of schedule. Veresen says the other two plants are also ahead of schedule and are expected to start operating by mid-October and by year-end, respectively.

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