09:54 AM EST - Encana Corporation : has reached an agreement with Toyota Tsusho Wheatland Inc., a subsidiary of Toyota Tsusho Corporation, that will see the Japanese company invest approximately $602 million to acquire a 32.5% royalty interest in natural gas production from a portion of Encana’s coalbed methane (CBM) resource play. The agreement includes production from a total of about 5,500 existing wells and potential future drilling locations in southern Alberta. Encana Corporation
shares T.ECA are trading up $0.17 at $18.17.
