Encana Considering Sale of Haynesville Gas Assets

Source: Reuters 4/20/2015, Location: North America

Encana Corp is considering selling its natural gas properties in its Haynesville Shale basin acreage in Louisiana, Bloomberg reported, citing sources. Citigroup Inc has begun reaching out to private-equity firms, energy explorers and other buyers for the Haynesville Shale basin acreage, which is valued at as much as $1 billion.

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Encana Considering Sale of Haynesville Gas Assets

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