Deal Insight
Encana sells its Piceance Basin assets to Caerus for US$735 million
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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 the following images and tables:
-
Executive summary: Table 1Encana- and Caerus-operated Mesaverde wellsUpstream assets: Table 1
-
Deal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
