Canadian Encana has agreed to acquire US Newfield Exploration in an all-stock transaction valued at USD 7.7 bn including debt, completion expected 1Q â19. Involved are Anadarko, Permian and Montney basin assets, which will enhance Encanaâs production by nearly 55% and proven reserves by ab. 85%, thereby setting the company as North Americaâs 2nd-largest unconventionals producer.
United States, not found