Aug 1 (Reuters) - Encana Corp ECA.TO :
* ENCANA DELIVERS STRONG SECOND QUARTER FINANCIAL RESULTS; LIQUIDS GROWTH, EFFICIENCIES AND ROBUST REALIZED PRICES DRIVING QUALITY RETURNS
* Q2 PRODUCTION TOTALED 337,900 BOE/D, UP 7 PERCENT YEAR-OVER-YEAR, WITH CORE ASSETS CONTRIBUTING 96 PERCENT OF TOTAL VOLUMES
* ON TRACK TO GROW ANNUAL PRODUCTION BY OVER 30 PERCENT, AND NOW EXPECTS TO GENERATE FREE CASH FLOW IN 2018
* QTRLY NON-GAAP OPERATING EARNINGS GREW 10 PERCENT YEAR-OVER-YEAR TO $198 MILLION
* RAISED EXPECTED FY 2018 AVERAGE NON-GAAP CASH FLOW MARGIN TO ABOUT $16 PER BOE
* SECOND QUARTER NET LOSS OF $151 MILLION
* EXPECTS CORE ASSETS WILL DELIVER Q4 PRODUCTION OF BETWEEN 400,000 BOE/D AND 425,000 BOE/D
* HAS VIRTUALLY NO EXPOSURE TO MIDLAND OIL PRICING THROUGH 2018 AND LIMITED EXPOSURE THROUGH 2019
* AS AT JUNE 30, ENCANA HAS HEDGED ABOUT 128,300 BBLS/D OF EXPECTED OIL AND CONDENSATE PRODUCTION FOR REMAINDER OF 2018
* ENCANA - EXPECTS TO REPURCHASE FULL $400 MILLION AUTHORIZED UNDER SHARE REPURCHASE PROGRAM BY YEAR-END
* EXPECTS TO GENERATE FREE CASH FLOW IN 2018, ONE YEAR EARLIER THAN OUTLINED IN ITS FIVE-YEAR PLAN
* Q2 EARNINGS PER SHARE VIEW $0.13, REVENUE VIEW $1.20 BILLION -- THOMSON REUTERS I/B/E/S