Encana Makes $7.1-B Play In Texas

CALGARY - Encana Corp. has agreed to buy Athlon Energy in a US$7.1 billion friendly takeover deal that will give the Canadian gas producer access to a major Texas oil play and speed up its shift towar...

Massive Layoffs At Canadian Energy Giant

CALGARY - Encana Corp. is cutting its workforce by 20 per cent, slashing its dividend and spinning off a huge chunk of its Alberta land holdings into a new public company as part of a "bold" strategy...