EnCana completes amalgamation with AEC

CALGARY, Alberta (January 2, 2003) - EnCana Corporation (TSX, NYSE: ECA) announced today that it has completed its vertical short-form amalgamation with its wholly owned subsidiary Alberta Energy Company Ltd. (AEC) effective January 1, 2003. EnCana is now the successor issuer in respect of AEC's previously issued debt securities and will be responsible for all of AEC's contractual obligations.

Further information on EnCana Corporation and Alberta Energy Company Ltd. is available on the company's Web site, www.encana.com.

For further information:

Investor Contact:
EnCana Corporate Development
Greg Kist
Manager, Investor Relations
(403) 645-4737
Media Contact:
Alan Boras
Manager, Media Relations
(403) 645-4747

ECA stock price

TSX $15.12 Can 0.200

NYSE $11.85 USD 0.160

As of 2017-11-17 16:02. Minimum 15 minute delay