10:28 AM EST - EnCana Corp. : is paying US$2.55 billion buy out its partner's half-interest in the Deep Bossier onshore natural gas field in Texas. EnCana estimates the Deep Bossier lands acquired from Leor have 200 well locations. Each well is expected to cost $10 million and recover between eight billion and 13 billion cubic feet of gas -- a likely total of 1.3 trillion to 1.8 trillion cubic feet. EnCana Corp.
shares T.ECA are trading down 1.13 at $66.64.
