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Encana has completed its acquisition of Newfield Exploration in an all-stock transaction worth $5.5 billion.
The deal was initially announced in November 2018.
Doug Suttles, Encana President & CEO said: "This acquisition creates North America's premier resource company with large-scale positions in the core of the Permian, Anadarko and Montney. Our multi-basin portfolio provides tremendous investment optionality to deliver liquids growth and free cash flow to support the continued return of capital to shareholders. We welcome the team from Newfield to Encana."
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