Encana Announces Public Offering of Common Shares
The Offering is expected to close on or about
The Offering is being made by means of a base prospectus and related prospectus supplements.
This news release does not provide full disclosure of all material facts relating to the securities offered. Investors should read the prospectuses, any amendments and the prospectus supplements for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.
This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities, in any jurisdiction. Any sales will be made through registered securities dealers in jurisdictions where the offering has been qualified for distribution.
ADVISORY REGARDING FORWARD-LOOKING STATEMENTS - This news release contains certain forward-looking statements or information (collectively, "FLS") within the meaning of applicable securities legislation. FLS include: expectations that the marketing efforts in respect of pricing the Offering will be successful and that the Offering will be completed; applicable approvals to the Offering will be obtained; expected timing of closing of the Offering; the size of the Offering; the intended use of net proceeds of the Offering; and 2017 planned capital expenditures, including the anticipated allocation of capital, increased activity in certain assets and associated number of wells.
Readers are cautioned against unduly relying on FLS which, by their nature, involve numerous assumptions, risks and uncertainties that may cause such statements not to occur, or for results to differ materially from those expressed or implied. These assumptions include:
Risks and uncertainties that may affect these business outcomes include: risks inherent to pricing and closing the Offering on a timely basis or at all; commodity price volatility; risks relating to the satisfaction of closing conditions and receipt of all required approvals; and other risks and uncertainties impacting