2011. In this annual information form - Encana

Additional Information Concerning Future Net Revenue
(Forecast Prices and Costs; Undiscounted)
As at December 31, 2011
Canadian Division USA Division Total
($ millions) Proved
Proved Plus
Probable
Proved
Proved Plus
Probable
Proved
Proved Plus
Probable
Revenues 46,960 69,736 52,493 95,467 99,453 165,203
Royalties and production / mineral taxes 4,079 6,706 12,657 22,394 16,736 29,100
Operating costs 12,321 17,276 8,597 14,986 20,918 32,262
Development costs 7,296 9,846 8,249 19,259 15,545 29,105
Abandonment costs 967 1,115 893 1,200 1,860 2,315
Future net revenue, before income taxes 22,297 34,793 22,097 37,628 44,394 72,421
Income tax 3,906 7,033 6,208 11,824 10,114 18,857
Future net revenue, after income taxes 18,391 27,760 15,889 25,804 34,280 53,564
Future Net Revenue by Production Group
(Forecast Prices and Costs)
As at December 31, 2011
Coalbed Methane and
Shale Gas (1)
Natural Gas
Associated and
Non-associated Gas (2)
Total
(discounted at 10%/yr, $ millions)
Proved
Proved Plus
Probable
Proved
Proved Plus
Probable
Proved
Proved Plus
Probable
Future Net Revenue Before Income Taxes 5,269 8,128 15,445 19,658 20,714 27,786
Unit Value ($/Mcf) (3) 1.06 0.94 1.83 1.58 1.54 1.32
Notes:
(1) Includes by-products.
(2) Including by-products as well as future net revenue from oil (including solution gas and other by-products) which is not material.
(3) Unit values are based on net natural gas reserves volumes.
Encana Corporation
A-5
Canadian Protocol Reserves Disclosure
Annual Information Form (prepared in US$)