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Stock Market & Financial Investment News

News Breaks
June 27, 2014
07:04 EDTAPO, ECAJupiter Resources to acquire Encana's Bighorn assets for C$2B
Jupiter Resources has agreed to acquire Encana’s (ECA) Bighorn assets in the Alberta Deep Basin for C$2B before closing adjustments. These properties include approximately 360,000 net acres of land and first quarter production of 319 mmcfe/d of liquids-rich natural gas. The transaction is subject to satisfaction of normal closing conditions, as well as regulatory approvals, and is expected to close by the end of the third quarter of 2014. Jupiter Resources is a portfolio investment of funds managed by affiliates of Apollo Global Management (APO).
News For APO;ECA From The Last 14 Days
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September 12, 2014
09:12 EDTAPOApollo Global management to meet with JPMorgan
Meeting to be held in Los Angeles on September 16 and in San Francisco on September 17 hosted by JPMorgan.
September 9, 2014
07:08 EDTECAPeters & Co. Ltd to h old a conference
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07:02 EDTECAPrairieSky Royalty offers 70.2M common shares for Encana
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September 8, 2014
18:00 EDTECAEncana to liquidate stake in PrairieSky Royalty for C$2.6B, WSJ says
Encana is selling all of its 70.2M shares in PrairieSky Royalty for C$2.6B in a secondary offering, reports the Wall Street Journal. The shares are being offered at C$36.50 per share, the Journal adds. Reference Link

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