Encana Completes Sale of Its Bighorn Assets in Alberta for US$1.8 Billion

CALGARY, AB--(Marketwired - September 30, 2014) - Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) has completed the previously announced sale of its Bighorn assets in Alberta to Jupiter Resources for a purchase price of approximately US$1.8 billion (C$2.0 billion). The sale includes approximately 360,000 net acres of land along with all of Encana's working interests in pipelines, facilities and service arrangements related to the Bighorn properties.

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.

SOURCE: Encana Corporation

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

Investor contact: 
Brian Dutton 
Director, Investor Relations 
[phone] 
    
Patti Posadowski 
Sr. Advisor, Investor Relations 
[phone] 

Media contact: 
Jay Averill
Director, Media Relations 
[phone]

Doug McIntyre 
Media Relations 
[phone]