Deal Insight
Encana sells its Piceance Basin assets to Caerus for US$735 million
Report summary
On June 09 2017, Encana Corporation announced that it has reached an agreement to sell its Piceance Basin natural gas assets to Denver-based Caerus Oil and Gas LLC. This is the latest move by the Canadian operator as it follows through with its "back to winning" strategy announced in 2013, which includes a portfolio transition from gas- to liquids-weighted production.
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 8 images and tables including:
- Executive summary: Table 1
- Encana- and Caerus-operated Mesaverde wells
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
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