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Encana to acquire Eagle Ford acreage for $3.1 billion

07.05.2014 / Energyboardroom

Encana Oil & Gas Inc., a wholly owned subsidiary of Encana Corp., has reached an agreement with Freeport-McMoRan Oil & Gas LCC, a subsidiary of Freeport-McMoRan Copper & Gold Inc., to acquire 45,500 net acres in Karnes, Wilson, and Atascosa counties, part of the Eagle Ford shale in South Texas, for $3.1 billion, effective Apr. 1.

view original story on Oil & Gas Journal
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