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Encana Corporation (NYSE:ECA) announced that it Board of Directors has approved a plan to adopt U.S. Generally Accepted Accounting Principles (U.S. GAAP) starting in 2012. Adopting U.S. GAAP will make it easier for investors to compare Encana's financial performance with its peer companies, most of which are based in the United States. Consistent with current practice, Encana will report its 2011 year-end financial results in February 2012 in accordance with International Financial Reporting Standards (IFRS). Starting in April 2012, Encana will report its first quarter results using U.S. GAAP.

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