Encana reaches agreement to sell properties in East Texas (Scandinavian Oil-Gas Magazine)

Encana reaches agreement to sell properties in East Texas

Published Apr 30, 2014

Encana Corporation announced that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement with an undisclosed purchaser, to sell certain properties located primarily in Leon and Robertson counties of East Texas for approximately $530 million.

"Consistent with our strategy, this transaction builds on our efforts to unlock value from properties within our massive asset base," says Doug Suttles, Encana President & CEO. "We remain focused on developing our core growth plays and extracting additional value from our base assets."

Tags: EnCana Corporation

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