EnCana Corporation named Gas Company of the Year

Calgary, Alberta (December 21, 2004) - EnCana Corporation (TSX & NYSE: ECA) EnCana was awarded Gas Company of the Year Dec. 10, 2004 at the sixth annual Platts Global Energy Awards.

This prestigious award recognizes the natural gas company that has risen above the competition by showing clear leadership in what is possibly the energy industry's most complex business and technological world. Mastery of the business processes involved in a vast range of disciplines (including exploration, drilling, production, gathering, processing, liquefaction, storage, transportation, distribution, or retail delivery) is what sets the winning gas company apart.

EnCana was lauded by the judging panel for our unique, highly rigorous Resource Play Management System, which has put the company in charge of an asset base that is radically different from that of many of its competitors. EnCana properties often have unconventional characteristics, but contain significant resources and boast longer production horizons.

EnCana was also a finalist in the category of Community Development Program of the Year for our ongoing support in the Fort Nelson community.

ECA stock price

TSX $6.19 Can -0.33

NYSE $4.76 USD -0.2501

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