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Industry Brief

Encana Corp. has sold Wind River Basin acreage in Wyoming to private equity investors for an undisclosed amount. Aethon Energy Management LLC and RedBird Capital Partners LLC acquired the Moneta Divide assets, encompassing about 188,000 net acres, from Encana Oil & Gas (USA) Inc. In 2013, the Bureau of Land Management (BLM) began to prepare an environmental impact statement for a proposed Moneta Divide project by Encana and Burlington Resources Oil & Gas Co. LP. The partners proposed developing 4,250 wells in Fremont and Natrona counties over 265,000 acres. About 138,000 acres are public lands administered by BLM Wyoming offices in Lander, Casper and Rawlins.

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