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Encana to sell remaining stake in PrairieSky Royalty for $2.6 billion

2014-09-09 07:48:19| Oil & Gas - Topix.net

Encana Corp. has signed a deal to sell its remaining stake in PrairieSky Royalty Ltd. in a secondary offering valued at about $2.6 billion. The company created PrairieSky earlier this year when it spun off a large portion of its royalty lands into the new public company.

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