Encana Announces Extension of Consent Solicitation

Encana Announces Extension of Consent Solicitation 
CALGARY, ALBERTA -- (Marketwire) -- 11/19/12 --  
Encana Corporation (TSX:ECA) (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 purp
oses 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
Contacts:
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
www.encana.com