Encana Announces Extension of Consent Solicitation
Published : November 19, 2012
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CALGARY, ALBERTA--(Marketwire - Nov. 19, 2012) -

Encana Corporation (News - Market indicators) (NYSE:ECA) ("Encana") announced that it has extended the expiration date of its previously announced consent solicitation to amend the indentures relating to its 8.125% Notes due 2030, 7.375% Notes due 2031, and 7.2% Notes due 2031 (collectively, "the Notes"). The purpose of the consent solicitation is to amend certain definitions to reflect Encana's adoption of U.S. GAAP and to amend certain provisions to be more consistent with other indentures executed by Encana

The consent solicitation will now expire at 5:00 p.m., New York City time, on November 19, 2012, unless otherwise extended by Encana. Only holders of record of the Notes as of 5:00 p.m., New York City time, on November 2, 2012 remain eligible to deliver consents to the proposed amendments in the consent solicitation.

All holders of the Notes who have previously delivered a consent to the proposed amendments in the consent solicitation do not need to redeliver such consents or take any other action, and the withdrawal deadline related to such consents has expired. Other holders of Notes who have not yet delivered a consent should follow the instructions described in the Consent Solicitation Statement dated November 5, 2012 (the "Consent Solicitation Statement"). Holders of the Notes are urged to read and carefully consider the information contained in the Consent Solicitation Statement. Encana's obligation to accept consents and pay a consent fee remains subject to certain conditions as set out in the Consent Solicitation Statement.

Wells Fargo Securities is acting as the Solicitation Agent for the consent solicitation. D.F. King & Co., Inc. is acting as the Information and Tabulation Agent. Questions concerning the terms of the consent solicitation should be directed to Wells Fargo Securities at (866) 309-6316 (toll-free) or (704) 715-8341 (collect). Requests for assistance in completing the consent form or requests for additional copies of the Consent Solicitation Statement, the consent form or other related documents may be directed to D.F. King at (800) 758-5880 (toll-free) or (212) 269-5550 (banks and brokers).

Advisory: This news release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful. The consent solicitation is made solely pursuant to the Consent Solicitation Statement dated November 5, 2012 and the accompanying consent form.

Encana Corporation

Encana is a leading North American energy producer that is focused on growing its strong portfolio of diverse resource plays producing natural gas, oil and natural gas liquids. By partnering with employees, community organizations and other businesses, Encana contributes to the strength and sustainability of the communities where it operates. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.

SOURCE: Encana Corporation

Encana Corporation
Ryder McRitchie
Vice-President, Investor Relations
(403) 645-2007
Encana Corporation
Lorna Klose
Manager, Investor Relations
(403) 645-6977
Encana Corporation
Jay Averill
Media Relations
(403) 645-4747

Encana Corporation

ISIN : CA2925051047
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Encana is a producing oil and natural gas company based in Canada.

Encana holds various exploration projects in Canada.

Its main exploration property is BUFFALO HILLS in Canada.

Encana is listed in Canada and in Germany. Its market capitalisation is CA$ 16.4 billions as of today (US$ 13.1 billions, € 10.8 billions).

Its stock quote reached its lowest recent point on August 05, 2016 at CA$ 10.01, and its highest recent level on January 19, 2018 at CA$ 16.89.

Encana has 973 120 000 shares outstanding.

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2/17/2012Encana achieves 2011 operating targets 2012 capital investme...
2/17/2012Encana and Mitsubishi enter into partnership for development...
2/9/2012Encana closes C$920 million sale of Cutbank Ridge midstream ...
1/11/2012Encana Redesigns Website With You in Mind
1/11/2012Redesigns Website With You in Mind
12/22/2011Encana closes sale of about US$1.1 billion in divestitures
7/22/2011Encana generates second quarter cash flow of US$1.1 billion,...
6/21/2011and PetroChina end Cutbank Ridge joint venture negotiations
8/31/2009Fast Track to Production
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CA$ 16.89
01/19 16:00 0.260
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16.63 16.55
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