Encana to sell its Denver Julesberg basin assets for $900 mln

Thu Oct 8, 2015 6:51am EDT
 
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Oct 8 (Reuters) - Canadian oil and gas producer Encana Corp said it would sell its Denver Julesberg basin assets in Colorado to a joint venture owned by Canada Pension Plan Investment Board and Broe Group for $900 million.

The deal includes all the Denver Julesberg acreage comprising 51,000 net acres, the company said on Thursday. (Reporting by Anannya Pramanick in Bengaluru; Editing by Sriraj Kalluvila)