EnCana Completes US$500 Million Debt Offering

On August 13, 2007, EnCana Corporation completed a public offering in the United States of US$500 million Notes with a coupon rate of 6.625 per cent due August 15, 2037. The offering was led by joint book-running managers Banc of America Securities LLC and Merrill Lynch & Co. and was completed under a previously filed US$2 billion shelf prospectus dated September 22, 2006.

EnCana was represented in house by David Sheridan and Gary Molnar and was assisted in Canada by Macleod Dixon LLP with a team that included Kevin Johnson, Don Tse and Karen Uehara and in the United States by Paul, Weiss, Rifkind, Wharton & Garrison LLP with a team that included Andrew Foley, Brett Nadritch and Peter Wright. The underwriters were represented by Christopher Cummings, Lawrence Taylor and Shane Smyth of Shearman & Sterling LLP.

Lawyer(s)

Karen K.L. Uehara Don Tse Kevin E. Johnson

Firm(s)

Norton Rose Fulbright Canada LLP Paul, Weiss, Rifkind, Wharton & Garrison LLP Shearman & Sterling LLP