By OGJ editors
HOUSTON, Feb. 18 -- EnCana Corp., Calgary, has put 15 conventional properties in western Canada up for sale. In addition, it's in the process of divesting its 40% stake in 239 blocks in the Gulf of Mexico and its interests in Ecuador.
The company also is working to sell three natural gas gathering and processing plants, including the Fort Lupton plant in Wattenberg field and the Dragon Trail plant in the Piceance basin, both in Colorado, and the Lisbon plant in the Paradox basin in Utah.
Last year, EnCana divested $3.5 billion in conventional oil and gas properties. The company is selling its conventional assets to focus on nonconventional gas plays in North America (OGJ, July 12, 2004, p. 39).
