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Encana Sells Jonah Field Operations In Wyoming

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May 14, 2014

Encana Corp. (NYSE: ECA, TO: ECA.TO) wrapped up its recent string of acquisition and divestiture activity by completing the sale of Jonah Field operations in Wyoming for $1.8 billion.

The Calgary-based company said May 12 that it closed the sale of certain natural gas properties in the Jonah Field located in Sublette County, Wyo. to Jonah Energy LLC, an affiliate of TPG Capital.

This is the first acquisition by Denver-based Jonah Energy, which was formed by TPG to acquire and operate North American onshore oil and gas properties.

The properties ...

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