Encana’s San Juan assets include approximately 182,000 net acres. In 2017, the assets delivered average production of approximately 5,400 barrels of oil equivalent per day including 3,900 barrels per day of liquids. The sale is subject to the satisfaction of normal closing conditions and customary closing adjustments. The transaction is expected to close in the fourth quarter of 2018 with an effective date of April 1, 2018.
From Encana:
Encana Corporation (Encana) (TSX, NYSE: ECA), announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its San Juan assets, located in New Mexico for US$480 million to Denver-based DJR Energy, LLC.
“This transaction is consistent with our strategy and our objective of delivering quality returns to our shareholders. It adds to our financial strength and is aligned with our focus on maximizing the value of our assets and disciplined allocation of capital,” said Doug Suttles, Encana President & CEO. “This is a very exciting year for our company as we deliver strong growth and generate free cash flow, demonstrating the strength and quality of the business we have built.”
Encana’s San Juan assets include approximately 182,000 net acres. In 2017, the assets delivered average production of approximately 5,400 barrels of oil equivalent per day including 3,900 barrels per day of liquids. The sale is subject to the satisfaction of normal closing conditions and customary closing adjustments. The transaction is expected to close in the fourth quarter of 2018 with an effective date of April 1, 2018.
The need for the route was identified in the Statewide Public Transportation Plan and will run between Albuquerque, Farmington, Bernalillo, Cuba and into Durango, CO.
The new service line will run five days a week, with one round trip each day, providing access to Navajo Transit and Red Apple Transit in Farmington.
Durango Police say that both victims from Monday night's shooting, Shelby Campbell (32) and Emma Sims (32), have passed away from their injuries. The suspect, Bradley Campbell (32), remains on life support with a gunshot wound to the head. Durango Police Detectives continue to investigate this incident, but there is no indication that anyone else was involved.
Bystanders immediately called 911, prompting an emergency response from the Durango Police Department, La Plata County Sheriff's Office, and Durango Fire & Rescue. First Responders arrived within minutes and began life-saving measures on both individuals. Both were transported to Mercy Hospital, where they later succumbed to their injuries.
The driver of the red Toyota Supra, 22-year-old Kalynn Kenworthy, was charged with racing on highways. Kenworthy has an extensive history of traffic violations, including citations for racing in August 2025 and in 2023, as well as more than seven speeding citations within the past four years, each averaging more than 15 mph over the posted speed limit. Additional charges are pending against the driver of the white passenger car.
According to court documents, from approximately January 2018 to November 2020, Benally, 48, and his co-conspirators established over 30 farms, covering more than 400 acres, on land obtained from Navajo Nation members. To fund this illegal enterprise, Benally and a co-conspirator traveled to California and created front companies to solicit Chinese investors. These investors were charged cash fees ranging from $20,000 to $50,000 for counterfeit cannabis cultivation licenses.
It was discovered that several individuals had been injured. A juvenile sustained a graze wound, a 16-year-old was shot in the leg, and an 18-year-old was shot in the chest and transported to Albuquerque in critical condition. The vehicle involved in the crash is connected to the shooter. At this time, the shooter has been identified as an 18-year-old male.