Encana advances ‘right-sizing’Liquids-rich Colorado sale, proceeds tagged to strengthen balance sheet without eroding core operations, raises ’15 sales to US$2.7B GARY PARK For Petroleum News
Encana has struck its second deal in a month to shed more United States assets as it continues wrestling its balance sheet into fighting shape by unloading non-core assets.
The transaction involves unloading tens of thousands of acres in the Denver Julesburg basin for US$900 million to a joint ventu....
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Previous sale Analyst: Focus on core plays
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