Encana Corporation (TSE:ECA) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
(d) As previously reported in the Original Form 8-K, shareholders approved, on a non-binding advisory basis, an annual frequency of Say-on-Pay votes.
|
Votes for One Year |
Percent |
Votes for Two Years |
Percent |
Votes for Three Years |
Percent |
Abstentions |
Percent |
Broker Non-Votes |
| 500,125,146 | 98.50% | 1,290,001 | 0.25% | 5,573,136 | 1.10% | 721,087 | 0.15% | 82,526,892 |
In light of the results of the advisory vote on the frequency of Say-on-Pay votes, the Corporation has determined that it will hold, on a non-binding advisory basis, an annual Say-on-Pay vote. The Corporation’s decision regarding the frequency of future Say-on-Pay votes will remain in effect until such time as the next required vote on such frequency.
About Encana Corporation (TSE:ECA)
Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Company operates through three segments: Canadian Operations, USA Operations and Market optimization. The Company’s Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. Market Optimization segment is responsible for the sale of the Company’s production and managing the associated netback price. Market Optimization sells the Company’s upstream production to third-party customers.