Encana closes sale of its Piceance natural gas assets in Colorado


CALGARY -- Encana Corporation announced today that its wholly-owned subsidiary, Encana Oil & Gas, Inc., has completed the previously announced sale of its Piceance natural gas assets, located in northwestern Colorado, to Denver-based Caerus Oil and Gas LLC (Caerus).

BMO Capital Markets served as Encana's financial advisor and Davis, Graham & Stubbs acted as Encana's external legal counsel for the transaction. Evercore and TD Securities acted as financial advisors for Caerus and Vinson & Elkins and Thompson & Knight acted as legal counsel. Debt financing for Caerus was underwritten by TD Securities, J.P. Morgan and Wells Fargo Bank.

Related News ///


Comments ///


{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}