Report to Northwest Oil & Gas Forum

1. Report to Northwest Oil & Gas Forum David Grisso, Operations Field Leader, South Piceance Garfield County Fairgrounds, Rifle, CO | September 4, 2008

2. Areas of Operation

3. Piceance Basin Operations • 12 drilling rigs currently operating • 7 in South Piceance, 5 in North Piceance with Simultaneous Operations • 5 South Piceance work over rigs operating • 7 North Piceance completion / work over rigs • 3 work over rigs • 1 coil tubing working on drill outs • 1 stand alone snubbing unit for Simultaneous Operations • 2 Frac crews • Current Production ~ 465 MMcf/d(285 in SP) (180 in NP) • 295 wells drilled in 2007 • South – 136, North – 137 • Active Wells and Pads • Producing Wells –25561456 (SP) 1100 (NP) • Multi-well pads – 353 307 (SP) 46(NP)

4. South Piceance Rig CountMamm Creek – 7 Rigs Mamm Creek – 3 rigs Parachute – 2 rigs Orchard – 1 rig Plateau – 1 rig

5. Drilling Activity – South Piceance Commissioned 5 new technology drilling rigs Reduced drilling cycle time by 25%

6. South Piceance 2007 Key Learnings and Accomplishments Air Emissions Programs Vapor Recovery System Alternative Tests • Captures vapors before entering tanks • Eliminating GHG that are created by combusting VOCs (5,823 ton/yr CO2) • Additional recovery of 1 – 2 bbls condensate/ day per unit • Recover 50 mcfd per unit • 2 online now; 1 being installed this week • 3 Future Installations expected Satellite water transfer stations – truck traffic reduction • Grass Mesa – 85% reduction in traffic up Grass Mesa Road • Railsback – 70% reduction in traffic from East Mamm • Rose Ranch – 75% reduction in traffic West Mamm • Orchard System – expect commissioning late 2008

7. North Piceance Rig Count5 Rigs

8. Drilling Activity - North Piceance 2008 Planned Wells North Parachute 130 All drilling operations are currently on the North Parachute Ranch We are utilizing Simultaneous Operations on all pads

9. North Piceance 20 well pad online, 32 well pad on the drawing board.

10. Midstream Services

11. Midstream Services • EnCana has sold the Collbran Valley Pipeline to Enterprise. Theconstruction of this line will start sometime in the fall, and will be a 22 mile, 24-inch pipeline that will start near Molina and end approximately 5 miles West of Parachute. • The first phase East Dry Hollow Loop Pipeline in the Mamm Creek Field was completed in August. Phase two is scheduled to start in September, and should be complete by the end of October. The two phases combined, will be approximately 7 miles of 20-inch pipeline which will allow 3rd party companies to take advantage of EnCana’s existing infrastructure and deliver gas into our system. • The Middle Fork compressor station currently is operating five 7500 HP electric driven compressors. Two more units are scheduled to be online by the end of the year. This will put the total horsepower at 52,500. • The Orchard compressor station currently has one 7500 HP electric compressor operating, with a second scheduled to be installed and operating in October.

12. Community Relations • This is a cooperative program focused on being a good neighbor in the communities in which we operate. • We conduct business in a way that provides social and economic benefits to the community while striving to minimize industry impacts such as traffic, dust, noise and garbage issues. • This program focuses on these impacts as well as on encouraging those representing the Industry, field employees and contractors, to get to know our neighbors and to effectively communicate with members of the community. • It represents a partnership amongst Operators, contractors and the community at large. • Participants include EnCana, Williams, Laramie Energy II, PetroHunter, Noble Energy, Delta, PXP, Garfield County Road & Bridge & Sheriff’s Departments & others.

13. Questions ?? www.encana.com