October 1, 2018 / 12:08 PM / 3 months ago

Encana to sell New Mexico assets for $480 mln

Oct 1 (Reuters) - Encana Corp said on Monday it would sell its San Juan assets in New Mexico for $480 million to privately held oil and gas producer DJR Energy Llc.

The Calgary-based company’s San Juan assets include about 182,000 net acres, which produced about 5,400 barrels of oil equivalent per day in 2017. (Reporting by Shanti S Nair in Bengaluru; Editing by Arun Koyyur)

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