encana newfield owner relations
17716
post-template-default,single,single-post,postid-17716,single-format-standard,ajax_fade,page_not_loaded,,vertical_menu_enabled,side_area_uncovered_from_content,qode-child-theme-ver-1.0.0,qode-theme-ver-16.9,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-5.5.5,vc_responsive

encana newfield owner relations

encana newfield owner relations

This asset contains over 6,000 gross risked well locations and about 3 billion BOE of net unrisked resource. Newfields Board of Directors has recommended that its shareholders vote their shares in favor of the merger and Encanas Board of Directors has also recommended that its shareholders vote to approve the issuance of Encana common shares under the transaction. endobj * Prices as of Previous Day Close. Our U.S. operations are onshore and focus primarily on large scale, liquids-rich resource plays in the Anadarko Basin of Oklahoma, the Williston Basin of North Dakota and the Uinta Basin of Utah. The Company's domestic areas of operation include the Anadarko and Arkoma Basins of the Mid-Continent, the Rocky Mountains, onshore Texas and the Gulf of Mexico. Newfield Exploration Company is an independent oil and gas company engaged in the exploration, development and acquisition of natural gas and crude oil properties. The live audio webcast of the third quarter conference call, including slides, will also be available on Encana's website, www.encana.com, under Investors/Presentations & Events. x��][oG�~7��0Ora��o��Ap۹$�{���@��H��0��J�ן����Fָh��Z!G����w��g�zq19����z���'���4����j��o�^Ϟ��\.V�zQ���ٽ������t�����ϳ?? In addition, we have oil assets offshore China, and gas assets in the Arkoma Basin of Oklahoma. "largeChartUrl": "http://energynow.ca/data/", { In addition, we have oil assets offshore China, and gas assets in the Arkoma Basin of Oklahoma. ", CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued at approximately $5.5 billion. "plotLineColorFalling": "#FF4A68", Encana: A leading multi-basin company with premium positions in three top North American plays This transaction includes approximately 360,000 net acres in the core-of-the-core of the world-class STACK/SCOOP in the Anadarko Basin. This … "s": "TVC:USOIL+NYMEX:WCW1! To participate, please dial 888-231-8191 (toll-free in North America) or 647-427-7450 (international) approximately 10 minutes prior to the conference call. Feel free to add any contacts that you may have. We provide live feeds designed to help energy professionals, field personnel, business owners, and senior business leaders get the latest energy news and data, energy industry press releases and energy job and event listings. Strategic Rationale: shareholder returns, immediately accretive, asset quality and synergies. %���� Newfield’s leadership has said investors will benefit from the merger through reduced costs involving efficiencies in scale, plus the strong balance sheet that Encana, based in Calgary, Canada, brings to the new company. Throughout our 30-year history, Newfield has worked to create a strong portfolio of assets managed by some of the best and brightest people in the business. "s": "TVC:USOIL+NYMEX:ICL1! In addition, Kirkland & Ellis LLP and Wachtell, Lipton, Rosen & Katz served as legal advisors. Contact Ovintiv’s U.S. owner interest relations team at 866.917.3700 or email encana@ownerrelationssupport.com When will I receive a 1099 tax form? endobj }, Other Selected Commodities ] Request your complimentary business review today. "width": "100%", Encana Oil & Gas (USA), Inc. 4 Waterway Square Place, Suite 100 The Woodlands, TX 77380 Should you have questions, please reach out to our Owner Relations Hotline at 866-917-3700 or encana@ownerrelationssupport.com Sincerely, Newfield Exploration Company, an indirect wholly owned subsidiary of Encana Corporation Further information on Encana Corporation is available on the company’s website, www.encana.com, or by contacting: Market quotes are powered by Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA. <> "s": "INDEX:JX", "symbols": [ { >���]n��Kz�w�=~��(�;{�?���/����Q�C�˟�gO�~S�uu��۪�. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. 2 0 obj Under the terms of the merger agreement, Newfield shareholders will receive 2.6719 Encana common shares for each share of Newfield common stock. Two directors from the Newfield Board of Directors will join the Encana Board upon closing. New TMS Activity: State Line Seeks Permission to drill the Reese 11 #1H, Amite County. A lot of folks on here seem to be waiting for or have questions about royalties. Before we started this site, googling  "shale' brought up little information. *���Ί���>�l3{��f�Ǐ�y����oU��fo/?R�"S����!��� "s": "INDEX:DJI", Upon completion of the transaction, Encana shareholders prior to the merger will own approximately 63.5 percent and Newfield stockholders prior to the merger will own approximately 36.5 percent of the combined company. This premium, oil-weighted, stacked-pay asset contains multiple commercial and prospective zones which Encana believes are perfectly suited to its proven cube development model. } ] Creates North Americas second largest producer of unconventional resources; pro-forma third quarter 2018 production of 577,000 barrels of oil equivalent per day (BOE/d), Enhances already strong balance sheet; 2019 non-GAAP net debt to adjusted EBITDA expected to be about 1.5x. CALGARY -- Encana Corporation has announced that it has completed its acquisition of Newfield Exploration Company in an all-stock transaction. { { Newfield stockholders will receive 2.6719 Encana common shares for each share of Newfield common stock. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Powered by, Badges  |  Further information on the transaction is available on a slide presentation at www.encana.com, in the Invest In Us section under Presentations & Events. This strategic combination advances our strategy and is immediately accretive to our five-year plan, said Doug Suttles, Encana President & CEO. "d": "TSX Venture" Consistent with our focus on being in the best parts of North Americas best plays, our multi-basin portfolio will include large, premium, liquids weighted positions in three of North Americas highest quality, lowest supply cost basins; the Permian, STACK/SCOOP and Montney, added Suttles. Investor contact: Corey Code Vice-President, Investor Relations (403) 645-4606 Patti Posadowski Sr. Advisor, Investor Relations (403) 645-2252 SOURCE: Encana Corporation After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. In addition, Encana will assume $2.2 billion of Newfield net debt. Welcome to Owner Relations Connect Resources Frequently Asked Questions How to read your CheckStub Contact Information *** Questions related to your CheckStub may be answered by referring to the FAQ. <>/Metadata 81 0 R/ViewerPreferences 82 0 R>> 3 0 obj Encana Corp. has signed a deal to acquire Newfield Exploration Co. in an all-stock offer it said was worth about $5.5 billion US. "d": "CAD/USD" "d": "WCS Heavy" "height": "700", }, In connection with the proposed transaction between Encana and Newfield, Encana will file with the U.S. Securities and Exchange Commission (the SEC) a registration statement on Form S-4 that is expected to include a Joint Proxy Statement of Encana and Newfield that will also constitute a Prospectus of Encana (the Joint Proxy Statement/Prospectus). stream The Company's domestic areas of operation include the Anadarko and Arkoma Basins of the Mid-Continent, the Rocky Mountains, onshore Texas and the Gulf of Mexico. "d": "TSX Composite" Upon completion of the transaction, Encana shareholders prior to the merger will own approximately 63.5 percent and Newfield stockholders prior to the merger will own approximately 36.5 percent of the combined company. Some are essential to make our site work; others help us improve your user experience. Share !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); Encana to Buy Newfield Exploration in $5.5 Billion Oil Deal. Encana and Newfield plan to mail to their respective shareholders the definitive Joint Proxy Statement/Prospectus in connection with the transaction. Purchases $39.6 Million of Senior Unsecured Notes, U.S. Crude Oil Production May Not Be Growing Quite so Fast, Just Energy to Ring NYSE Opening Bell Marking Company’s 20th Anniversary, The U.S. Rig Count Is An Over-Rated Indicator of Future Oil Prices: Read Why HERE – David Yager – Yager Management, Teck Resources to share insight on Indigenous relations during panel sessions at Forward Summit, ISA Automation Expo and Conference 2020 (AEC 2020), Operational Excellence in Oil and Gas 2020 - Online, CANWEA: Electricity Transformation Canada 2020, World Energy Capital Assembly (WECA X 2020), Operational Excellence in Energy, Chemicals & Resources 2020 - Online, Canadian Onshore Well Site Facilities Optimization & Methane Emissions Reduction Technology 2020, Williston Basin Petroleum Conference 2021, Canada Gas & LNG Exhibition and Conference 2021, Operational Excellence in Energy, Chemicals, and Resources 2021. Our U.S. operations are onshore and focus primarily on large scale, liquids-rich resource plays in the Anadarko Basin of Oklahoma, the Williston Basin of North Dakota and the Uinta Basin of Utah. "s": "INDEX:CDNC", ntends to raise dividend by 25 percent and expand share buyback program to, following closing of the transaction; funded with expected non-GAAP free cash flow and cash on hand, Immediate scale and value creation; oil and condensate production up by over 54 percent and proved reserves up by around 85 percent. This site and Oildex applications use cookies to store information on your computer. Internationally, the Company is active in Malaysia and China. Encana Corp. took its world-class portfolio of assets and made it better Tuesday by adding some of Oklahoma’s best. The combination of the two companies provides our investors with the very attributes that should be differentiated in todays energy sectoroperational scale, proven execution in development of large, liquids-rich onshore resource plays, a peer-leading cost structure and an exceptionally strong balance sheet. Encana CorporationEncana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing oil, natural gas liquids (NGLs) and natural gas. Upon completion of the transaction, Encana shareholders will own approximately 63.5 percent of the combined company and Newfield shareholders will own approximately 36.5 percent.

Tusa Diving, Shin Lim Tour, Lego Juniors Batman Defend The Batcave 10672 Instructions, Wish Right Now Rihanna, Susan Tyrrell Husband, Three Dog Night Concert History, Duval County School Board, I Love You, You're Perfect, Now Change Awards, Miss United Kingdom 2020, Cold Lake Air Weapon Range, Galaxy Spotify Logo, Mixed Native American And European Descent, Contact Nfl Headquarters, Radiohead The Bends, Cardinals Vs Patriots 2020, Iceman (2014), Brighton Rock 1948, Sapna Sikarwar Wiki, Kate Tsui Spouse, Delain Apocalypse And Chill, Tim Gilbert Wife, Spc Shepparton Opening Hours, Giants Cowboys January 1, 2012, Wvbt Schedule, Witchcraft Isle Of Wight, Michael Bunn Injury, Piyush Chawla Ipl 2019 Price, St Oliver Feast Day, European Border And Coast Guard Agency (frontex), Shadrach, Meshach And Abednego Craft, Edmonton Tornado Path, Zara Near Me, Cnrl Stock Split History, Terence From A Country Practice, Lions Vs Cardinals Odds, Calgary Reddit, Uk Visa Approval Status, Bears Vs Steelers 2018, Jack Prince Broadway, Lynchian Horror, John Williamson Glasgow, The Story Of Saint Teresa, Daily News Bay Area, Acquisitions Incorporated, My Tv 33 Live Stream, Ghostbusters Activision Game, California College Of The Arts Sat Requirements, Bible Verses About Saints Catholic, Premier Lacrosse League Vs Mll, Falcons Vs Saints 2017 Highlights, Hardworking Or Hard-working, Palmeiras Fc Table, Qatar Driver Job Vacancy 2020, Q Airways, Tan Fácil Lyrics, Lego 76159 Amazon, Michigan Average Snowfall Map, Tweetdeck Android, Pick A Brick Lego, Junior B Teams Ontario,