Nearly a year after it shelved original plans to split its assets between EnCana and Cenovus Energy, EnCana is back on track with the plan.
“We believe splitting the companies along the lines of natural gas and integrated oil will help the investment community more accurately assess the individual values of these two different companies,”EnCana chief executive Randy Eresman said.
“Each of the companies will be able to focus on their unique asset bases and develop strategies that are best for the two new companies.”
The
