CALGARY, AB --(Marketwired - September 30, 2014) - Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) has completed the previously announced sale of its Bighorn assets in Alberta to Jupiter Resources for a purchase price of approximately US$1.8 billion (C$2.0 billion). The sale includes approximately 360,000 net acres of land along with all of Encana's working interests in pipelines, facilities and service arrangements related to the Bighorn properties.
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.
SOURCE: Encana Corporation
FOR FURTHER INFORMATION PLEASE CONTACT:
Further information on Encana Corporation is available on the company's website, www.encana.com, or by contacting:
Investor contact:
Brian Dutton
Director, Investor Relations
(403) 645-2285
Patti Posadowski
Sr. Advisor, Investor Relations
(403) 645-2252
Media contact:
Jay Averill
Director, Media Relations
(403) 645-4747
Doug McIntyre
Media Relations
(403) 645-6553
Source: Encana Corporation
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