Encana Closes on Sale of Arkoma Basin Natural Gas Assets
August 27, 2019
Encana Closes on Sale of Arkoma Basin Natural Gas Assets
Encana Moving $165 Million Cash from Divestiture to its Balance Sheet
July 8, 2019
By Tyler Losier, Energy Reporter, Oil & Gas 360 Encana sells Newfield Arkoma Basin natural gas assets Encana Corporation (stock ticker: ECA), a Canadian-based company with unconventional assets in multiple North American basins, has agreed to sell its natural gas assets in Oklahoma’s Arkoma Basin to an undisclosed buyer through its wholly owned subsidiary Newfield Exploration Mid-Continent Inc. Total cash
Shareholders Approve Encana, Newfield Combo
February 12, 2019
Encana and Newfield’s strategic combination receives shareholder approvals
Encana Founder Blames Trudeau for Newfield Deal
November 5, 2018
From Bloomberg Encana Corp.’s founder and former Chief Executive Officer Gwyn Morgan said he’s disappointed by the driller’s $5.5 billion purchase of Newfield Exploration Co., which moves focus to the U.S. and dashes his hopes that the company would represent Canada on the world stage. Morgan, who named the oil and gas producer Encana to evoke “Energy Canada,” blames the move
Upstream Buying Spree Continues With $7.7 Billion Deal
November 1, 2018
Encana acquires Newfield in all-stock transaction resulting in North America’s No. 2 unconventional producer Encana (ticker: ECA) announced the third major acquisition in the past four days today, acquiring Newfield Exploration (ticker: NFX). Newfield is a primarily SCOOP/STACK company, producing 143.7 MBOEPD from the basin. While the company also has operations in the Williston, Uinta and Arkoma basins, and produces
Newfield Exits Texas, High-Grades to the STACK
August 9, 2016
On August 3, 2016, Newfield Exploration (ticker: NFX) announced the signing of two separate purchase and sale agreements to divest all of its assets in the Maverick Basin of Texas for $390 million. The transaction is expected to close in the third quarter of 2016 and covers 35,000 acres of unconventional and conventional assets in Dimmit and Atascosa counties. EnCap-backed
