Encana has finalized its $480MM sale of its San Juan asset in New Mexico to Denver-based DJR Energy.
The sale of Encanas non-core San Juan asset includes approximately 182,000 net acres and represents the companys total land position in the play. In 2017, the asset delivered average production of approximately 5,400 barrels of oil equivalent per day including 3,900 barrels per day of liquids.
The company also announced plans to buy back $1.25 billion in stock - click here to read more in Shale Experts' Financing Database.
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Production Oil(bbls/d) |
Recent Deals/Transactions
Date Annouced | Category | Headline | Buyer(s) | Seller(s) | Value ($mm) |
---|---|---|---|---|---|
02/12/2024 | E&P | Diamondback To Acquire Endeavor Energy In $26 Billion Transaction | |||
02/07/2024 | E&P | California Resources To Acquire Aera Energy For $2.1 Billion | |||
01/15/2024 | E&P | Talos Acquires QuarterNorth Energy For $1.2 Billion | |||
01/11/2024 | E&P | Chesapeake To Acquire Southwestern Energy | |||
01/11/2024 | E&P | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | |||
01/04/2024 | E&P | APA Corp to Acquire Permian Pure Player- Callon In All Stock Deal | |||
12/15/2023 | E&P | TG Natural Resources To Acquire backed-Rockcliff Energy II For $2.7 Billion | |||
12/15/2023 | E&P | Fury Resources Takes Battalion Private In Transaction Worth $450 Million : Map | |||
12/11/2023 | E&P | Oxy Acquires Midland Basin Juggernaut For $12 Billion | |||
11/21/2023 | E&P | Northern Oil Acquires Additional Permian Working Interest; Enters Utica | |||
Total |