EnCana Renews $1B MTN Program and Issue Notes

On August 31, 2005, EnCana Corp. filed a short form base shelf prospectus with all provinces in Canada renewing its $1 billion medium term note program and entered into a dealer agreement with eight investment dealers. Pursuant to the program, EnCana may issue medium term notes from time to time during the next 25 months.

On September 21, 2005, EnCana completed a public offering in Canada of senior unsecured medium term notes in the aggregate principal amount of $500 million under this program. CIBC World Markets Inc. and Scotia Capital Inc. acted as joint lead agents for the offering.

EnCana was represented by in-house counsel Gary Molnar, and by Bennett Jones LLP with a team comprised of Margaret Lemay, John Piasta and Lisa Ricketts (securities/corporate). The investment dealers, which consisted of BMO Nesbitt Burns Inc., CIBC World Markets Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc., Merrill Lynch Canada Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc., were represented by Fraser Milner Casgrain LLP with a team comprised of Dale Skinner and Chima Nkemdirim (securities/corporate).