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Ember Resources to buy Alberta gas properties from Encana for $605 million

2014-10-08 18:04:44| Oil & Gas - Topix.net

Encana Corp has agreed to sell a more than 6,800 producing gas wells and other portions of its Clearwater assets in southern and central Alberta for about $605 million to Ember Resources Inc. The deal will more than double Ember's land and production holdings in Alberta, which are concentrated on coalbed methane lands in the Horseshoe Canyon area. The Clearwater assets going to Ember include about 485,600 hectares of land and wells that produce the equivalent of 180 million cubic feet of natural gas per day.

Tags: buy resources million properties

 

September's top stories: INEOS to shares shale gas profits, Encana buys Athlon Energy

2014-10-06 01:00:00| Hydrocarbons Technology

INEOS announced plans to give 6% of its revenues from shale gas to communities who live above its operations sites in the UK, and Canadian natural gas producer Encana agreed to acquire US-based Athlon Energy in a $7.1bn definitive merger deal. Hydroc

Tags: top energy stories gas

 
 

Encana to acquire Athlon Energy in $7.1bn deal

2014-09-30 01:00:00| Hydrocarbons Technology

Canadian natural gas producer Encana has agreed to acquire the US-based independent exploration and production firm Athlon Energy in a $7.1bn definitive merger deal.

Tags: energy deal acquire athlon

 

TSX extends losses, Encana speeds up shift to liquids in US$7.1B deal

2014-09-29 17:50:14| Energy - Topix.net

The Toronto stock market resumed last week's selloff Monday amid news of a major acquisition in the energy sector and another round of concerns about Chinese economic growth. The S&P/TSX composite index lost 158.48 points to 14,868.29 with all sectors contributing to the slide after falling 1.55 per cent last week.

Tags: deal shift losses extends

 

NewsAlert: Encana to buy Athlon Energy in US$7.1-billion deal

2014-09-29 14:07:20| Energy - Topix.net

Doug Suttles, CEO of Encana Corp., speaks to reporters in Calgary, Alta., Tuesday, June 11, 2013. Calgary-based Encana Corp. has agreed to buy Texas-based Athlon Energy in a friendly takeover.

Tags: buy energy deal athlon

 

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