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EnCana Oil & Gas (USA) Inc. plans to buy certain oil and gas interests and related assets in the Fort Worth Basin.(M&A news)(Brief Article)
Publication: Oil and Gas Investor Publication Date: 01-JAN-05 |
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COPYRIGHT 2005 Access Intelligence, LLC.
EnCana Oil & Gas (USA) Inc. plans to buy certain oil and gas interests and related assets in the Fort Worth Basin, Texas, for $255 million in cash from Progress Fuels Corp., Raleigh, N.C., a subsidiary of Progress Energy (NYSE: PGN).
Progress will use proceeds to reduce debt. The...
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