Encana Completes Sale of Its Jonah Field Operations in Wyoming for $1.8 Billion NEWS RELEASE TRANSMITTED BY Marketwired FOR: Encana Corporation TSX SYMBOL: ECA NYSE SYMBOL: ECA MAY 12, 2014 Encana Completes Sale of Its Jonah Field Operations in Wyoming for $1.8 Billion CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Encana Corporation (Encana) (TSX:ECA)(NYSE:ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of certain natural gas properties in the Jonah field located in Sublette County, Wyoming to an affiliate of TPG Capital, for a purchase price of approximately US$1.8 billion. Encana Corporation Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA. Further information on Encana Corporation is available on the company's website, www.encana.com. SOURCE: Encana Corporation -30- FOR FURTHER INFORMATION PLEASE CONTACT: Investor contact: Encana Corporation Brian Dutton Director, Investor Relations (403) 645-2285 or Encana Corporation Patti Posadowski Sr. Advisor, Investor Relations (403) 645-2252 or Media contact: Encana Corporation Jay Averill Media Relations (403) 645-4747 INDUSTRY: Energy and Utilities - Oil and Gas SUBJECT: FNC -0- -0- May/12/2014 17:40 GMT
Encana Completes Sale of Its Jonah Field Operations in Wyoming for $1.8 Billion
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