| Encana Completes the Sales of Its Gordondale and DJ Basin Assets | |
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CALGARY, AB --(Marketwired - July 29, 2016) - Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) announced today that it has completed the previously announced sales of its Gordondale and DJ Basin assets.
Encana has completed the sale of its Gordondale assets in northwestern Alberta to Birchcliff Energy Ltd. (TSX: BIR). The transaction has an effective date of January 1, 2016.
Encana's wholly owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the sale of its Denver Julesburg (DJ) Basin assets in Colorado to Crestone Peak Resources. The sale has an effective date of April 1, 2015.
Encana Corporation
Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.
SOURCE: Encana Corporation
FOR FURTHER INFORMATION PLEASE CONTACT:
Investor contact:
Brendan McCracken
Vice-President, Investor Relations
(403) 645-2978
Patti Posadowski
Sr. Advisor, Investor Relations
(403) 645-2252
Media contact:
Simon Scott
Vice-President, Communications
(403) 645-2526
Jay Averill
Director, Media Relations
(403) 645-4747
Source: Encana Corporation
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Encana Corporation
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EXPLORATION STAGE |
CODE : ECA.TO |
ISIN : CA2925051047 |
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Encana is a oil and natural gas producing company based in Canada. Encana holds various exploration projects in Canada. Its main exploration property is BUFFALO HILLS in Canada. Encana is listed in Canada and in Germany. Its market capitalisation is CA$ 4.8 billions as of today (US$ 3.7 billions, € 3.3 billions). Its stock quote reached its highest recent level on November 23, 2018 at CA$ 9.99, and its lowest recent point on January 24, 2020 at CA$ 4.96. Encana has 973 120 000 shares outstanding. |