Encana Chairman David O’Brien, left.
ATLANTA, GA — “Encana Corp (ECA.TO) said on Wednesday an internal investigation has determined that it did not collude with Chesapeake Energy Corp (CHK.N) to lower the price of land acquisitions in Michigan two years ago.
The company’s board of directors, which led the investigation launched on June 25 with the assistance of outside attorneys, did not provide a report on the scope of the inquiry, nor explain how it reached its conclusion.”
— Brian Grow and Scott Haggett, Reuters
