Encana Completes Sale of Its Jonah Field Operations in Wyoming for $1.8 Billion

CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Encana Corporation (Encana) (TSX:ECA)(NYSE:ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of certain natural gas properties in the Jonah field located in Sublette County, Wyoming to an affiliate of TPG Capital, for a purchase price of approximately US$1.8 billion.

Encana Corporation

Encana is a leading North American energy producer that is focused on developing its strong portfolio of resource plays, held directly and indirectly through its subsidiaries, producing natural gas, oil and natural gas liquids (NGLs). 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.

Further information on Encana Corporation is available on the company's website, www.encana.com.

SOURCE: Encana Corporation




FOR FURTHER INFORMATION PLEASE CONTACT:

Investor contact:

Encana Corporation

Brian Dutton

Director, Investor Relations

(403) 645-2285





Encana Corporation

Patti Posadowski

Sr. Advisor, Investor Relations

(403) 645-2252





Media contact:

Encana Corporation

Jay Averill

Media Relations

(403) 645-4747









Source: Encana Corporation

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ECA stock price

TSX $11.23 Can 0.320

NYSE $8.46 USD 0.220

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