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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
of the Securities Exchange Act of 1934
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For: November 17, 2006
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Commission File Number: 1-15226 |
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ENCANA CORPORATION
(Translation of registrants name into English)
1800, 855 2nd Street SW
Calgary, Alberta, Canada T2P 2S5
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F:
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the registrant
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934:
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82-
DOCUMENTS FILED AS PART OF THIS FORM 6-K
See the Exhibit Index to this Form 6-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 17, 2006
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ENCANA CORPORATION
(Registrant)
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By: |
/s/
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Linda Mackid
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Name: |
Linda Mackid |
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Title: |
Assistant Corporate Secretary |
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Form 6-K Exhibit Index
Exhibit No.
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99.1 |
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News release dated November 17, 2006 referenced as: |
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EnCana closes second and final phase of natural gas storage sale |
EnCana closes second and final phase of
natural gas storage sale
CALGARY, Alberta (November 17, 2006) EnCana Corporation (TSX, NYSE: ECA) and its affiliate
have closed the second and final phase of the previously announced sale of their natural gas
storage business interests to the Carlyle/Riverstone Global Energy and Power Fund, an energy
private equity fund managed by Riverstone Holdings LLC and The Carlyle Group. The second phase of
the transaction involved closing of the sale of the Wild Goose storage facility interests in
California for proceeds of approximately US$200 million. The California Public Utilities Commission
has approved the sale of the Wild Goose storage facility. The initial phase of the sale, which
closed in May of this year, included EnCanas Alberta, Oklahoma and Louisiana storage assets, which
generated proceeds of approximately $1.3 billion.
EnCana Corporation
With an enterprise value of approximately US$45 billion, EnCana is a leading North American natural
gas producer and a technical and cost leader in the in-situ recovery of oilsands bitumen. 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.
ADVISORY REGARDING FORWARD-LOOKING STATEMENTS In the interests of providing EnCana shareholders
and potential investors with information regarding EnCana, including managements assessment of
EnCanas and its subsidiaries future plans and operations, certain statements contained in this
news release are forward-looking statements or information within the meaning of applicable
securities legislation, collectively referred to herein as forward-looking statements.
Forward-looking statements in this news release include, but are not limited to: anticipated
proceeds. Readers are cautioned not to place undue reliance on forward-looking statements, as there
can be no assurance that the plans, intentions or expectations upon which they are based will
occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown
risks and uncertainties, both general and specific, that contribute to the possibility that the
predictions, forecasts, projections and other forward-looking statements will not occur, which may
cause the companys actual performance and financial results in future periods to differ materially
from any estimates or projections of future performance or results expressed or implied by such
forward-looking statements. These risks and uncertainties include, among other things: volatility
of and assumptions regarding oil and gas prices; assumptions based upon the companys current
guidance; fluctuations in currency and interest rates; product supply and demand; market
competition; risks inherent in the companys marketing operations, including credit risks;
imprecision of reserve estimates and estimates of recoverable quantities of oil, bitumen, natural
gas and liquids from resource plays and other sources not currently classified as proved; the
companys ability to replace and expand oil and gas reserves; the ability of the company and
ConocoPhillips to successfully negotiate and execute final definitive agreements relating to the
integrated North American heavy oil business and the ability of the parties to obtain necessary
regulatory approvals; refining and marketing margins; potential disruption or unexpected technical
difficulties in developing new products and manufacturing processes; potential failure of new
products to achieve acceptance in the market; unexpected cost increases or technical difficulties
in constructing or modifying manufacturing or refining facilities; unexpected difficulties in
manufacturing, transporting or refining synthetic crude oil; risks associated with technology; the
companys ability to generate sufficient cash flow from operations to meet its current and future
obligations; the
companys ability to access external sources of debt and equity capital; the
timing and the costs of well and pipeline construction; the companys ability to secure adequate
product transportation; changes in environmental and other
regulations or the interpretations of such regulations; political and economic conditions in the
countries in which the company operates; the risk of international war, hostilities, civil
insurrection and instability affecting countries in which the company operates and terrorist
threats; risks associated with existing and potential future lawsuits and regulatory actions made
against the company; and other risks and uncertainties described from time to time in the reports
and filings made with securities regulatory authorities by EnCana. Although EnCana believes that
the expectations represented by such forward-looking statements are reasonable, there can be no
assurance that such expectations will prove to be correct. Readers are cautioned that the foregoing
list of important factors is not exhaustive.
Furthermore, the forward-looking statements contained in this news release are made as of the date
of this news release, and, except as required by law, EnCana does not undertake any obligation to
update publicly or to revise any of the included forward-looking statements, whether as a result of
new information, future events or otherwise. The forward-looking statements contained in this news
release are expressly qualified by this cautionary statement.
Further information on EnCana Corporation is available on the companys website, www.encana.com, or
by contacting:
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FOR FURTHER INFORMATION: |
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Investor contact:
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Media contact: |
EnCana Corporate Finance |
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Sheila McIntosh
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Alan Boras |
Vice-President, Investor Relations
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Manager, Media Relations |
(403) 645-2194
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(403) 645-4747 |
Paul Gagne |
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Manager, Investor Relations |
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(403) 645-4737 |
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Ryder McRitchie |
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Manager, Investor Relations |
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(403) 645-2007 |
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