EnCana to conduct small shareholder selling program

Calgary, Alberta (September 27, 2004) - EnCana Corporation (TSX, NYSE: ECA) is conducting a program that enables registered and beneficial shareholders who own 99 or fewer EnCana common shares, as of September 24, 2004, to sell their shares without incurring any brokerage commission. The sale of shares will be executed through the facilities of Toronto Stock Exchange.

The voluntary program begins on September 27, 2004 and will expire on December 17, 2004, unless extended. It is designed to assist eligible shareholders in selling their shares in a convenient and no-cost manner. Both registered holders and beneficial holders of shares held in nominee form are eligible to participate. The program allows eligible shareholders, who own 99 or fewer shares, the opportunity to sell all, but not less than all, of their shares. Participating shareholders will not incur any brokerage commissions if they elect to sell their shares under the program. Information about the program and participation documents will be forwarded to eligible shareholders.

EnCana is pleased to make this voluntary program available to its shareholders. However, EnCana makes no recommendation as to whether or not an eligible shareholder should participate in the program. The decision to participate should be based upon a shareholder's particular financial circumstances. Eligible shareholders may wish to obtain advice from their broker or financial advisor as to the advisability of participating.

EnCana has retained Georgeson Shareholder Communications Canada Inc. of Toronto, Ontario to manage the program and to handle share transactions and payment. Questions regarding the program should be directed to Georgeson toll free at 1-888-288-3298 or collect at 416-862-8088.

EnCana Corporation
With an enterprise value of about US$30 billion, EnCana is one of the world's leading independent oil and gas companies and is driven to be the industry's high performance benchmark in production cost, per-share growth and value creation.

Further information on EnCana Corporation is available on the company's Web site, www.encana.com, or by contacting:

Investor contact:
EnCana Corporate Development
Sheila McIntosh
Vice-President, Investor Relations

Tracy Weeks
Manager, Investor Relations

Media contact:
Alan Boras
Manager, Media Relations

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