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Encana to sell Colorado oil-gas assets for US$900 million to CPP-led group

2015-10-08 14:13:14| Oil & Gas - Topix.net

Encana Corp. has agreed to sell some formerly prized oil and gas assets in Colorado for about US$900 million cash to a partnership headed by Canada Pension Plan Investment Board. The lands produce a combination of natural gas, crude oil and other liquids and has reserves estimated at the equivalent of 96.8 million barrels of oil.

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