Encana Transforms into Oil Company, Boosts Capital Budget, an Industrial Info
SUGAR LAND, TX -- (Marketwired) -- 08/14/14 -- Written by John Egan
for Industrial Info Resources (Sugar Land, Texas) -- Encana
Corporation (NYSE:ECA) (Calgary, Alberta) has taken significant steps
during the last year to transform itself into an oil-focused
producer, acquiring oil assets in the Eagle Ford Shale and selling
gas assets in Alberta, Wyoming and East Texas. The four transactions
had a total value of about $6.8 billion. The impact of the deals was
immediately apparent in the second quarter.
Within this article: Information on Eagle Ford shale acquisitions and
by Encana, with acreages, acquisition values.
Other companies featured: EOG Resources Incorporated (NYSE:EOG),
Continental Resources Incorporated (NYSE:CLR), Freeport-McMoRan
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