Encana to sell Bighorn gas assets for C$2 billion

Fri Jun 27, 2014 7:14am EDT
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June 27 (Reuters) - Encana Corp, Canada's largest natural gas producer, said it would sell its Bighorn gas properties in Alberta to Apollo Global Management LLC for about C$2 billion ($1.9 billion).

The deal includes about 360,000 net acres comprising Encana's working interests in all pipelines and facilities as well as service arrangements. ($1 = 1.0688 Canadian Dollars) (Reporting By Narottam Medhora in Bangalore; Editing by Saumyadeb Chakrabarty)