09:54 AM EST - Encana Corporation : and PrairieSky Royalty Ltd. announced today the completion of the initial public offering of 52,000,000 common shares of PrairieSky at an offering price of $28.00. The Offering was conducted by way of a secondary offering by Encana, and Encana received aggregate gross proceeds of approximately $1.46 billion. Encana Corporation
shares T.ECA are trading up $0.33 at $25.27.
