One-Page Deal Sheet
Encana Sells DJ Basin Assets in Deal Worth $900 Million
Canada Pension Plan Investment Board (CPPIB), Crestone Peak Resources LLC Ovintiv Inc
Announced Date
June 30,2016
Effective Date
April 01,2015
Close Date
July 29,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
900
Asset/Basin:
{"DJ Basin"}
TargetZones:
{Niobrara}
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Rockies - DJ Basin
Country
United States
State
Colorado
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Require Private Equity Subscription
Closing Announcement - July 29, 2016
Encana's wholly owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the sale of its Denver Julesburg (DJ) Basin assets in Colorado to Crestone Peak Resources. The sale has an effective date of April 1, 2015.
Updated Announcement - June 30, 2016Encana Corporation and Crestone Peak Resources, which is 95 percent owned by Canada Pension Plan Investment Board and five percent by The Broe Group, announced today that Encana's wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., expects the previously announced sale of its Denver Julesburg (DJ) Basin…
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
-  |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-11-2024 |
- |
- |
Click here | Colorado | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Feb-28-2022 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-18-2025 | JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources | - |
- |
| Jan-11-2024 | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | - |
- |
| Feb-28-2022 | PDC Acquires DJ Basin E&P Great Western in $1.3B Deal | - |
- |