TORONTO (miningweekly.com) – Canada's second-largest natural gas producer Encana Corp on Monday announced that it had struck a deal worth $7.1-billion that would see it acquire Texas-based Athlon Energy, and gain a foothold in the most prolific oil-producing region in North America. Calgary-based Encana’s TSX-listed stock on Monday rose after it said it would buy Athlon for $5.93-billion, while assuming Athlon's $1.15-billion of senior notes in a deal that would give Encana access to 140 000 net acres in the heart of the oil-rich Midland...
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