632.54M Financing at 17.35 this spring
The people that took down that financing want their money back, it was barely 6 months ago, and that's likely the takeout price. With insiders buying and us hedge funds looking for action, they want the US assets and will sell the Canadian ones, not likely to exist much longer as a public company. EnCana likes US oil, they have been selling gas properties, and they may partner up with someone to get these assets. Not likely to see Christmas without a takeover offer.