SOURCE: Encana Corporation

Encana Corporation

September 30, 2014 18:00 ET

Encana Completes Sale of Its Bighorn Assets in Alberta for US$1.8 Billion

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

Contact Information

  • 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