Deal insight

Encana sheds more gas assets in US Lower 48

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Report summary

Encana has agreed to sell to an undisclosed buyer 90 000 net acres located in Leon and Robertson counties in East Texas for US$530 million. The primary targets are conventional dry gas zones from the Cotton Valley and Bossier gas formations and horizontal Eaglebine/Woodbine potential. This deal is in line with Encana s recent moves to raise cash from the sale of its non core assets while it reorients its business toward liquids led growth.

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  • Document

    Encana sheds more gas assets in US Lower 48

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Table of contents

  • Executive summary
  • Upstream assets
  • Deal analysis
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 1 images and tables including:

Tables

  • Oil & gas pricing and assumptions: Table 1

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