Encana and Chesapeake Energy Corp. allegedly collaborated to avoid bidding against each other in Michigan public auctions for oil and gas leases.. the price of the leases fell from $1510 per acre to less than $40 an acre in six months. Encana entered into a settlement and entered a no contest plea to criminal attempted antitrust violation, a misdemeanor, with an 11-month delayed sentence. If Encana abides by the terms of the plea agreement, the criminal case will be dismissed after 11 months. Encana also agreed to pay $5 million civil settlement ($2.5 million to the Dept. of Natural Resources, $2.5 million to the state’s antitrust activities. The company also entered into a 4-year corporate Integrity Agreement.