Encana Corp. anticipates its plan of reorganization to be completed on or about Jan. 24 as the Court of Queen’s Bench of Alberta has granted final approval of its proposed plan of arrangement.
Encana Corp. anticipates its plan of reorganization to be completed on or about Jan. 24 as the Court of Queen’s Bench of Alberta has granted final approval of its proposed plan of arrangement (OGJ Online, Jan. 14, 2019).
The reorganization allows Encana to establish its corporate domicile in the US, rebrand under the name Ovintiv Inc., and complete a consolidation and share exchange for effectively one share of common stock of Ovintiv for every five common shares of Encana.
