Stratrix
On the Record · Encana

Encana acquisitions, on the record

The businesses Encana bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Gordondale assets in Montney located in northwestern Alberta
Word for word“During 2016, Encana divested of approximately 54,200 net acres related to the Gordondale assets in Montney located in northwestern Alberta for proceeds of approximately $455 million, after closing adjustments.” 10-K for 2016
divestitureDuring 2016approximately $455 million, after closing adjustments
DJ Basin assets located in northern Colorado
Word for word“During 2016, Encana divested of approximately 51,000 net acres in DJ Basin located in northern Colorado for proceeds of approximately $633 million, after closing adjustments.” 10-K for 2016
divestitureDuring 2016approximately $633 million, after closing adjustments
North Piceance Basin natural gas joint venture interests with Nucor Corporation
Word for word“In 2016, Encana and a subsidiary of Nucor Corporation ("Nucor") terminated the long-term joint venture agreement related to development of natural gas in the North Piceance Basin.” 10-K for 2016
divestitureIn 2016—
Haynesville natural gas assets
Word for word“(3) During 2015, Encana divested of Haynesville.” 10-K for 2016
divestitureDuring 2015—
Piceance natural gas assets in northwestern Colorado, sold to Caerus Oil and Gas LLC
Word for word“Closed the sale of the Company’s Piceance natural gas assets in northwestern Colorado to Caerus Oil and Gas LLC for proceeds of approximately $605 million, after closing and other adjustments.” 10-K for 2017
divestiture—approximately $605 million
Wheatland assets (approximately 511,000 net acres and approximately 4,720 net wells)
Word for word“In the fourth quarter of 2017, Encana divested of approximately 511,000 net acres and approximately 4,720 net wells in the play.” 10-K for 2017
divestitureIn the fourth quarter of 2017—
Tuscaloosa Marine Shale (TMS) assets, east Louisiana and west Mississippi (approximately 144,000 net acres)
Word for word“During 2017, Encana divested of approximately 550,000 net acres in Piceance located in northwestern Colorado for proceeds of approximately $605 million, after closing adjustments and the sale of approximately 144,000 net acres in Tuscaloosa Marine Shale (“TMS”) located in east Louisiana and west Mississippi.” 10-K for 2017
divestitureDuring 2017—
Gordondale assets in Montney
Word for word“(1) During 2016, Encana divested of the Gordondale assets in Montney.” 10-K for 2017
divestitureDuring 2016—
Newfield Exploration Company
Word for word“On February 13, 2019, Encana completed its previously announced strategic business combination with Newfield Exploration Company (“Newfield”) pursuant to which an indirect, wholly-owned subsidiary of Encana merged with and into Newfield, with Newfield surviving the merger as an indirect, wholly-owned subsidiary of Encana (the “Newfield acquisition”).” 10-K for 2018
acquisitionFebruary 13, 2019—
San Juan assets in New Mexico
Word for word“• Completed the sale of the Company’s San Juan assets in New Mexico to DJR Energy, LLC on December 27, 2018.” 10-K for 2018
divestitureDecember 27, 2018—
Pipestone liquids hub in Alberta
Word for word“• Completed the sale of the Company’s Pipestone liquids hub in Alberta to Keyera Partnership (“Keyera”), a subsidiary of Keyera Corp., in April 2018.” 10-K for 2018
divestitureApril 2018—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2018-12-31$0

Deal filings since 2016

Read from Encana’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.