EnCana beats estimate on asset sale
Natural gas storage operations bring in US$1.5B, up 50% from estimates; company close to wrapping up sale offshore Brazil
For Petroleum News
EnCana has put one of the final touches on a large-scale divestiture program that started when it was created four years ago by pocketing US$1.5 billion for the bulk of its natural gas storage operations — 50 percent more than some analysts had anticipated.
The buyer was Carlyle/Riverstone Global En....
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