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Encana to exit Louisiana, reap US$1.3-billion in cash and savings through sale

2015-08-25 14:34:02| Energy - Topix.net

Encana Corp. is exiting Louisiana through a proposed deal worth more than US$1.3 billion in cash and savings. The Calgary-based oil and gas producer will receive US$850 million cash and reduce its commitments by about US$480 million through the sale of its Haynesville natural gas assets in northern Louisiana, under an agreement announced Tuesday.

Tags: through sale cash savings

 

Encana to exit Louisiana, reap US$1.3-billion in cash and savings through sale

2015-08-25 14:02:16| Oil & Gas - Topix.net

Encana Corp. is exiting Louisiana through a proposed deal worth more than US$1.3 billion in cash and savings. The Calgary-based oil and gas producer will receive US$850 million cash and reduce its commitments by about US$480 million through the sale of its Haynesville natural gas assets in northern Louisiana, under an agreement announced Tuesday.

Tags: through sale cash savings

 
 

Private Equity Fund Exit Volume Hits Record High

2015-08-12 09:00:00| National Real Estate Investor

Private equity fund managers are taking advantage of high property valuations to close out funds and distribute record amounts of cash back to investors. read more

Tags: high private record volume

 

Energy Future Holdings chooses Hunt plan to exit bankruptcy

2015-08-11 16:15:52| Energy - Topix.net

Energy Future Holdings Corp. has chosen to sell its its valuable Oncor power transmissions business to a consortium led by Hunt Consolidated Inc. in the Dallas-based energy giant's latest strategy to climb out of bankruptcy. The deal is part of a revised Chapter 11 exit plan filed Monday with the U.S. Bankruptcy Court in Wilmington, Delaware.

Tags: plan future energy exit

 

Energy Future Holdings chooses Hunt plan to exit bankruptcy

2015-08-11 09:31:14| Oil & Gas - Topix.net

Energy Future Holdings Corp. has chosen to sell its its valuable Oncor power transmissions business to a consortium led by Hunt Consolidated Inc. in the Dallas-based energy giant's latest strategy to climb out of bankruptcy. The deal is part of a revised Chapter 11 exit plan filed Monday with the U.S. Bankruptcy Court in Wilmington, Delaware.

Tags: plan future energy exit

 

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