Encana Corp's President & CEO Announces Retirement

Encana Corp announced that Randall K. Eresman, President & Chief Executive Officer, has informed the Board of Directors that, effective immediately he is retiring from Encana after serving the Company for approximately 35 years. Mr. Eresman will also be retiring from the Board of Directors but he has agreed to stay on as an advisor until February 28, 2013 to assist with the transition. Clayton H. Woitas, a director of Encana and President and Chief Executive Officer of Range Royalty Management Ltd., has been appointed Interim President & Chief Executive Officer. Mr. Woitas will serve in this role while the Board of Directors conducts a search for a new President & Chief Executive Officer.