<article><p class="lead">Encana is selling its San Juan basin assets in New Mexico for $480mn to Denver-based DJR Energy.</p><p>The assets including about 182,000 net acres, with about 5,400 b/d of oil equivalent of output in 2017. Of that, liquids production was 3,900 b/d. </p><p>The deal is part of the company's plan to shore up its balance sheet, with a focus on assets that generate higher value. The deal is expected to close in the fourth quarter. </p></article>
