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Encana (ECA -4.7%) issues its first statement regarding the Reuters article describing possible...

Encana (ECA -4.7%) issues its first statement regarding the Reuters article describing possible bid-rigging on land leasing in Michigan. “In accordance with Encana's policies, an investigation of this matter was immediately initiated. Encana therefore will not provide any further information at this time," Chairman David O'Brien says.
Comments (3)
  • wigit5
    , contributor
    Comments (4067) | Send Message
     
    I love these statements where they tell everyone that they aren't going to tell you anything.

     

    Thanks
    25 Jun 2012, 03:14 PM Reply Like
  • sinclaid
    , contributor
    Comments (12) | Send Message
     
    .....what would you expect him to say.....this is a very serious allegation which, along with the company's news last week, will only cast more doubt on the company......just ask Chesapeake!
    25 Jun 2012, 03:15 PM Reply Like
  • sinclaid
    , contributor
    Comments (12) | Send Message
     
    ..maybe Bill Ackman should take a long hard look at ECA....he might serve the same fate to O'Brien that he did to Fred Green at CP...O'Brien's old stomping ground before he broke up CP into five [5]separate entities a decade ago......
    25 Jun 2012, 04:56 PM Reply Like
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