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Friday, 12/16/2005 1:54:14 AM

Friday, December 16, 2005 1:54:14 AM

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BRIAN FERGUSON WILL REPLACE JOHN WATSON AT ENCANA CORPORATION (12/15/05)

John Watson, Executive Vice-President and Chief Financial Officer of EnCana Corporation of Calgary, Alberta, plans to step down on February 28, 2006, following completion of the 2005 year-end financial statements. Watson will remain with the company as Advisor to the Chief Financial Officer until year-end 2006.

The company also announces the appointment of Brian Ferguson CA, as Executive Vice-President and Chief Financial Officer effective March 1, 2006.



Also, on wallst.net there is a good interview with the outgoing CEO where he talks about how Encana has the largest natural gas reserves in northamerica and also the largest tarsands reserves, something which hasnt been recognized by the market yet as they are only now coming under development as new technology improves extraction.

This is a stock that one should hold into your retirement.

There are no good stocks, only good trades.