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CALGARY, ALBERTA--(Marketwired - March 4, 2015) - Encana Corporation ("Encana") (TSX:ECA)(NYSE:ECA) announced today that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets, Credit Suisse and Scotiabank, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 85,616,500 common shares of Encana (the "Shares") at a price of C$14.60 per Share (the "Offering Price"), for gross proceeds of approximately C$1.25 billion (the "Offering"). |
