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Encana increases maximum amount of senior note tender offers

Encana Corp.said that it has increased the aggregate maximum amount that holders of thenotes of its previously announced tenderoffers are entitled to receive to C$400 million, from C$250 million.

The increased aggregate amount excludes accrued and unpaidinterest, according to Encana's Form 6-K filed March 30. All other terms andconditions of the tender offers remain unchanged.

The withdrawal deadline expired at 5 p.m. ET on March 29,and will not be extended in case the company further increases the aggregatemaximum tender amount.

Encana will accept for purchase on March 30 all the 5.15%senior notes due 2041 and 6.50% senior notes due 2038 validly tendered at orprior to March 29. The 6.625% senior notes due 2037 validly tendered at orprior to March 29 will be prorated and accepted for purchase on March 30. Noneof the 6.50% senior notes due 2034 validly tendered at or prior March 29 willbe accepted for purchase, according to the filing.