Oct 5 (Reuters) - Encana Corp ECA.TO
* To outline five-year growth potential during investor day, company updates 2016 guidance to reflect lower costs
* Updated 2016 guidance to reflect further reduction in production, mineral and other taxes, operating expense, transportation,processing costs
* Reduction in expenses, costs has delivered total additional savings of $50 million
* As at September 30, 2016, Encana has hedged about 32,960 barrels per day (BBLS/D) of expected 2017 crude and condensate production Source text for Eikon: ID:nCCN5h42vb Further company coverage: ECA.TO