Deal Insight
Encana sells its Piceance Basin assets to Caerus for US$735 million
*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 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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