Carbon Disclosure Project - Encana

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Carbon Disclosure ProjectCDP Water Disclosure 2012 Information RequestEncana CorporationModule: Introduction - 2012 CDP Water DisclosurePage: Introduction - 2012 CDP Water Disclosure0.1IntroductionPlease give a general description and introduction to your organization.Encana Corporation (“Encana” or the “Company” or the “Corporation”) is a leading North American energy producer focused on pursuing the highest returns fromits significant portfolio of natural gas, oil and natural gas liquids. Recognized for its expertise in resource play development, Encana is a disciplined, innovativecompany committed to responsible development. Encana is pursuing the key business objectives of maintaining financial strength, optimizing capital investmentsin the Company’s highest return projects and continuing to pay a stable dividend to shareholders as it pursues disciplined, responsible and reliable low-costproduction growth.Encana’s extensive portfolio of reserves and economic contingent resources in high-growth resource plays in major North American basins serves as thefoundation for the Company’s long-term strategy of accelerating the value recognition of its assets. Encana has a history of entering prospective basins early andleveraging technology to unlock resources and build the underlying productive capacity at a low cost.Encana continually strives to improve operating efficiencies, foster technological innovation and lower cost structures, while mitigating its environmental footprintthrough resource play optimization. The Company’s resource play hub model, which utilizes highly integrated production facilities, is used to develop resourcesby drilling multiple horizontal wells from centralized pad sites. Repeatable operations lend themselves to ongoing cost reductions through optimization ofequipment and processes by applying continuous improvement techniques.Encana is organized into Divisions which represent the Company’s operating and reportable segments as follows: Canadian Division includes the exploration for, development of, and production of natural gas, oil, NGLs and other related activities within Canada. Fivekey resource plays are located in the Division: (i) Cutbank Ridge in northern British Columbia; (ii) Peace River Arch in northwest Alberta; (iii) GreaterSierra in northeast British Columbia, including Horn River; (iv) Bighorn in west central Alberta; and (v) Coalbed Methane (“CBM”) in southern Alberta.The Canadian Division also includes the Deep Panuke natural gas project offshore Nova Scotia. USA Division includes the exploration for, development of, and production of natural gas, oil, NGLs and other related activities within the U.S. Four keyresource plays are located in the Division: (i) Jonah in southwest Wyoming; (ii) Piceance in northwest Colorado; (iii) Haynesville in Louisiana; and(iv)Texas.
Market Optimization is primarily responsible for the sale of the Company’s proprietary production. These results are included in the Canadian and USADivisions. Market optimization activities include third-party purchases and sales of product that provide operational flexibility for transportationcommitments, product type, delivery points and customer diversification. These activities are reflected in the Market Optimization segment.Corporate and Other mainly includes unrealized gains or losses recorded on derivative financial instruments. Once amounts are settled, the realizedgains and losses are recorded in the operating segment to which the derivative instrument relates.Market Optimization sells substantially all of the Company’s upstream production to third-party customers. Transactions between segments are based on marketvalues and eliminated on consolidation. Financial information is presented on an after-eliminations basis.With approximately 12 million net acres of land, 14.2 trillion cubic feet equivalent of proved reserves as of December 31, 2011 and forecasted 2012 production ofapproximately 3,000 million cubic feet per day (MMcf/d) of natural gas and 30 thousand barrels a day (Mbbls/d) of liquids, Encana will continue to be a leader inNorth American gas production. Encana common shares trade on the Toronto and New York stock exchanges under the symbol ECA.Paramount to Encana's strategy is its commitment to safety, the environment and the community and to operating its business ethically and responsibly. Encanawas named to the Oil and Gas Producers’ sector of the 2011 Dow Jones Sustainability North American Index and made the list of the world’s most ethical largecompanies by the Ethisphere Institute.0.2Reporting YearPlease state the start and end date of the year for which you are reporting data.Enter the period that will be disclosed.Fri 01 Jan 2011 - Fri 31 Dec 20110.3Reporting BoundaryPlease indicate the category that describes the company, entities, or group for which you are reporting.Companies over which financial control is exercised per consolidated audited financial statements for the year ended December 31, 2011.
Page 1 and 2: Carbon Disclosure Water Project 201
Page 6 and 7: 0.4ExclusionsAre there any geograph
Page 8 and 9: Yes1.1cPlease describe these water-
Page 10 and 11: GlobalDirectOperationsEncana is com
Page 12 and 13: GlobalCommunityEngagementBeyond its
Page 14 and 15: Not applicable2.2aPlease list the r
Page 16 and 17: GlobalUnited StatesOther:Reputation
Page 18 and 19: Encana incorporates risk management
Page 20 and 21: Has your business experienced any d
Page 22: 5.1bPlease explain why you do not c
Page 26 and 27: NoAre any water bodies and related

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