UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
August 27, 2019
Date of Report (Date of earliest event reported)
Encana Corporation
(Exact name of registrant as specified in its charter)
Canada |
1-15226 |
98-0355077 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
Suite 4400, 500 Centre Street SE, PO Box 2850
Calgary, Alberta, Canada, T2P 2S5
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (403) 645-2000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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Common Shares |
ECA |
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 8.01 | Other Events. |
On August 27, 2019, Encana Corporation issued a news release announcing that its wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., has completed the previously announced sale of its natural gas assets in Oklahoma’s Arkoma Basin. A copy of the news release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
ITEM 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
Exhibit Description |
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Exhibit 99.1 |
News Release dated August 27, 2019. |
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Exhibit 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
EXHIBIT INDEX
Exhibit No. |
Exhibit Description |
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Exhibit 99.1 |
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Exhibit 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: August 27, 2019
ENCANA CORPORATION |
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(Registrant) |
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By: |
/s/ Dawna I. Gibb |
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Name: |
Dawna I. Gibb |
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Title: |
Assistant Corporate Secretary |
news release |
Encana Closes on Sale of Arkoma Basin Natural Gas Assets
CALGARY, Aug. 27, 2019 Encana Corporations (NYSE, TSX: ECA) wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., today closed on its previously announced sale of its natural gas assets in Oklahomas Arkoma Basin. Proceeds from the sale will be used to reduce the Companys debt.
Encanas Arkoma assets included approximately 140,000 net acres of leasehold and production of approximately 77 million cubic feet equivalent per day (98% natural gas). The Companys full-year proforma production guidance range of 560 600 thousand barrels of oil equivalent per day remains unchanged.
CIBC Griffis & Small provided advisory services to Encana for the transaction. Davis, Graham & Stubbs LLP served as Encanas external legal counsel.
Further information on Encana Corporation is available on the Companys website, www.encana.com, or by contacting:
Investor contacts: (281) 210-5110 (403) 645-3550 |
Media contact: (281) 210-5253 |
SOURCE: Encana Corporation