Encana to sell Haynesville natgas assets for $850 mln: Reuters

Canadian oil and gas producer Encana Corp said it will sell its Haynesville natural gas assets in northern Louisiana for US$850 million to GEP Haynesville LLC, Reuters reported. GEP Haynesville is a joint venture between GeoSouthern Haynesville LP and funds managed by GSO Capital Partners LP, a credit-focused unit of U.S. private equity firm Blackstone Group.

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