2011. In this annual information form - Encana

Summary of Net Present Value of Future Net Revenue
(Forecast Prices and Costs; Before Tax)
As at December 31, 2011
Canadian Division
Future Net Revenue Before Future Income Tax and Discounted at
($ millions) 0% 5% 10% 15% 20%
Proved
Developed producing 11,307 8,317 6,533 5,393 4,612
Developed non-producing 981 724 587 500 436
Undeveloped 10,009 5,303 2,979 1,677 885
Total Proved 22,297 14,344 10,099 7,570 5,933
Probable 12,496 5,893 3,301 2,054 1,366
Total Proved Plus Probable 34,793 20,237 13,400 9,624 7,299
USA Division
Future Net Revenue Before Future Income Tax and Discounted at
($ millions) 0% 5% 10% 15% 20%
Proved
Developed producing 12,086 8,842 6,906 5,663 4,814
Developed non-producing 1,297 926 704 559 458
Undeveloped 8,714 5,045 3,005 1,790 1,027
Total Proved 22,097 14,813 10,615 8,012 6,299
Probable 15,531 7,442 3,771 1,927 933
Total Proved Plus Probable 37,628 22,255 14,386 9,939 7,232
Total Encana
Future Net Revenue Before Future Income Tax and Discounted at
($ millions) 0% 5% 10% 15% 20%
Proved
Developed producing 23,393 17,159 13,439 11,056 9,426
Developed non-producing 2,278 1,650 1,291 1,059 894
Undeveloped 18,723 10,348 5,984 3,467 1,912
Total Proved 44,394 29,157 20,714 15,582 12,232
Probable 28,027 13,335 7,072 3,981 2,299
Total Proved Plus Probable 72,421 42,492 27,786 19,563 14,531
Encana Corporation
A-3
Canadian Protocol Reserves Disclosure
Annual Information Form (prepared in US$)