Access to capital clinched EnCana's decision to split in two

摘要

Since shelving its plans last fall to divide into two, EnCana Corporation's debt is now lower, access to capital is better, operations have improved, and the company has received confirmation that the $3.5-billion transaction will not be taxable. On Sept. 11, the company cited these reasons, along with higher oil prices, as key factors in its decision to revive its plans to create two separate companies.