Freeport sheds TX shale assets in $3.1 bln deal By: CNBC.com News May 07, 2014 at 07:32 AM EDT Freeport-McMoRan is selling its Eagle Ford Shale assets in Texas to an Encana subsidiary for $3.1 billion, as it looks to lower its debt. Read More >> Related Stocks: EnCana Corporation Freeport-McMoRan