Encana Plans Canadian Spinoff, Trims Workforce
By Jess Krochtengel ( November 6, 2013, 7:05 PM EST) -- Encana Corp. on Tuesday said it would spin off a major Canadian land asset in a mid-2014 IPO and is making a major strategy shift to focus its capital on five core oil and liquids-rich assets while shedding 20 percent of its workforce and closing a Dallas-area location....
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