Deal Insight

Encana exits Barnett Shale with US$975 million sale to EnerVest

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

03 November 2011

Encana exits Barnett Shale with US$975 million sale to EnerVest

Report summary

Encana has announced its exit from the Barnett Shale with a US$975 million sale of assets to EnerVest. EnerVest, through a number of managed partnerships including EV Energy Partners, will acquire 50,000 net acres with 125 mmcfed of production. This volume is heavily-weighted to natural gas, but some associated NGLs are extracted. Wood Mackenzie values the upstream assets sold in this deal at US$982 million (NPV10, discounted to 1 November 2011). With the majority of production being ...

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • Barnett Shale acreage
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    Encana exits Barnett Shale with US$975 million sale to EnerVest

    PDF 921.22 KB