Encana Corp., one of Colorado's biggest oil and gas companies, may have hung a “For Sale” sign on its assets in Wyoming’s huge Jonah natural gas field.
The Canadian company (NYSE: ECA), based in Calgary, is in “advanced talks” to sell the field to private equity firms Carlyle Group LP and NGP Energy Capital Management LLC for about $2 billion, according to a story in the Wall Street Journal, which cited unnamed sources familiar with the talks.
The company has been paring its assets for…
Encana Corp., one of Colorado's biggest oil and gas companies, may have hung a “For Sale” sign on its assets in Wyoming’s huge Jonah natural gas field.
The Canadian company (NYSE: ECA), based in Calgary, is in “advanced talks” to sell the field to private equity firms Carlyle Group LP and NGP Energy Capital Management LLC for about $2 billion, according to a story in the Wall Street Journal, which cited unnamed sources familiar with the talks.
The company has been paring its assets for…