ENCANA CORP

CUSIP: 292505104 Class: COM

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017
Shares 400,000 Value ($000) $5,332 Avg Close — Range —
Q1 2017
Shares 1,550,000 Value ($000) $18,151 Avg Close — Range —
Q4 2016
Shares 600,000 Value ($000) $7,044 Avg Close — Range —