EnCana closes acquisition of Leor Energy's interests in Deep Bossier gas fields

CALGARY, Alberta (November 20, 2007) – A subsidiary of EnCana Corporation (TSX & NYSE: ECA) has closed its previously-announced acquisition of all of the Deep Bossier natural gas and land interests of privately-owned Leor Energy in Texas for approximately US$2.55 billion.

EnCana Corporation With an enterprise value of approximately US$60 billion, EnCana is a leading North American unconventional natural gas and integrated oilsands company. 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. For more information, go to www.encana.com.

For further information:

EnCana Corporate Communications
Investor contact:
Paul Gagne
Vice-President, Investor Relations
(403) 645-4737
Ryder McRitchie
Manager, Investor Relations
(403) 645-2007
Susan Grey
Manager, Investor Relations
(403) 645-4751

Media contact:
Alan Boras
Manager, Media Relations
(403) 645-4747

ECA stock price

TSX $5.70 Can -0.14

NYSE $4.36 USD -0.09

As of 2019-07-18T16:00:00. Minimum 15 minute delay