Lethbridge Herald

Encana shareholde­rs vote for move to U.S.


Shareholde­rs in Encana Corp. have voted overwhelmi­ngly in favour of the oil and gas company moving its headquarte­rs to Denver from Calgary and changing its name to Ovintiv Inc.

CEO Doug Suttles says the 90 per cent vote in favour of the resolution shows clear support for the long-standing

Canadian company’s decision to move its corporate home south of the border, despite public criticism from Encana founder Gwyn Morgan and shareholde­r Letko, Brosseau & Associates Inc.

Encana announced the changes in October as part of a reorganiza­tion that includes a one-for-five share consolidat­ion, also approved by shareholde­rs on Tuesday.

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