Encana Corporation : Franchise Herald

Encana Corporation

Encana Corporation

Encana to Sell Haynesville Asset for $850 Million, Investments to be Reduced by $480 Million

Encana Corporation has announced that it will be selling its Haynesville natural gas asset, the asset owned by its subsidiary Encana Oil & Gas, Inc., for $850 million to GEP Haynesville LLC, a joint venture formed by GeoSouthern Haynesville LP and GSO Capital Partners LP, according to a press release issued by Encana.

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