EXHIBIT 99.1

ENCORE ANNOUNCES CLOSING OF PUBLIC OFFERING OF COMMON STOCK

FORT WORTH - Nov. 19, 2003 - Encore Acquisition Company (Encore) (NYSE:EAC)
today announced that it has closed a public offering of 8 million shares of its
common stock, which priced after the market closed on November 13, 2003 at a
price to the public of $20.25 per share. All shares were sold by Encore. The
underwriters also have a 30-day option to purchase up to 1.2 million additional
shares of Encore's common stock solely to cover over-allotments, if any.

Net proceeds from this offering were approximately $155.0 million, after
deducting underwriting discounts and commissions and the estimated expenses of
the offering. Encore used all of the net proceeds from the offering to
repurchase 6 million shares of Encore common stock from J.P. Morgan Partners
(SBIC), LLC and 2 million shares of Encore common stock from Warburg, Pincus
Equity Partners L.P. The 8 million shares were purchased by Encore at a price of
$19.3775 per share and were retired upon repurchase. After giving effect to the
repurchase, J.P. Morgan Partners (SBIC), LLC beneficially owns 2.9% of Encore's
outstanding common stock and Warburg, Pincus Equity Partners L.P. beneficially
owns 25.2% of Encore's common stock. Encore will use all of the net proceeds
from the exercise of the underwriters' over-allotment option, if any, initially
to purchase up to 866,643 shares of its common stock from J.P. Morgan Partners
(SBIC), LLC and thereafter to purchase up to 333,357 shares of its common stock
from Warburg, Pincus Equity Partners L.P., in each case at a price equal to
$19.3775 per share.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these securities in any state in
which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any state.

Organized in 1998, Encore is a growing independent energy company engaged in the
acquisition, development and exploitation of North American oil and natural gas
reserves. Encore's oil and natural gas reserves are located in the Williston
Basin of Montana and North Dakota, the Permian Basin of Texas and New Mexico,
the Anadarko Basin of Oklahoma, the Powder River Basin of Montana, the Paradox
Basin of Utah and the North Louisiana Salt Basin of Louisiana.


Contacts:
Roy W. Jageman
Executive Vice President and CFO
817-339-0861

Rani M. Wainwright
Assistant Treasurer
817-339-0919