This is grate news for Encana shareholders.

Concentrating on the Oilsand production and development will bring better market valuation which is all we as a shareholders should care about. This is from the Encana NR:

Better valuation investors and analysts will be able to more accurately compare and evaluate the stand-alone companies against peers, competitors, benchmarks and performance criteria

This is exactly what I proposed for CLL in my May1 post.

For us shareholders the integrating approach is not working . Encana board of directors must read my post and come to right conclusions(just kidding).

Unfortunately for CLL shareholders it is just the dream. All our assets (exept the PDP) are in the hands of our debt holders. It would be hard to convince them to give up on 10.5% return on 600M loan.