<SEC-DOCUMENT>0001193125-25-239711.txt : 20251015
<SEC-HEADER>0001193125-25-239711.hdr.sgml : 20251015
<ACCEPTANCE-DATETIME>20251015101333
ACCESSION NUMBER:		0001193125-25-239711
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20251015
FILED AS OF DATE:		20251015
DATE AS OF CHANGE:		20251015

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENOVUS ENERGY INC.
		CENTRAL INDEX KEY:			0001475260
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				980642460
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34513
		FILM NUMBER:		251393713

	BUSINESS ADDRESS:	
		STREET 1:		225 - 6 AVENUE S.W.
		STREET 2:		P.O. BOX 766
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 1N2
		BUSINESS PHONE:		403-766-2000

	MAIL ADDRESS:	
		STREET 1:		225 - 6 AVENUE S.W.
		STREET 2:		P.O. BOX 766
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 1N2
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d76145d6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML><HEAD>
<TITLE>6-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
<DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;
</DIV><DIV STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:16pt; font-family:Times New Roman" ALIGN="center"><B><FONT STYLE="white-space:nowrap">FORM&nbsp;6-K</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Report of Foreign Private Issuer </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant to <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Rule&nbsp;13a-16&nbsp;or&nbsp;15d-16</FONT></FONT></B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>under the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>For October 2025 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File <FONT STYLE="white-space:nowrap">Number:&nbsp;1-34513</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:22pt; font-family:Times New Roman" ALIGN="center"><B>CENOVUS ENERGY INC. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Translation of registrant&#8217;s name into English) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>4100, 225 6 Avenue S.W. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Calgary, Alberta, Canada T2P 1N2 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive office) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Form&nbsp;20-F&nbsp;or&nbsp;Form&nbsp;40-F.</FONT></FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Form&nbsp;20-F&#8194;&#9744;&#8195;&#8195;&#8195;Form&nbsp;40-F&#8194;&#9746;</FONT></FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the <FONT STYLE="white-space:nowrap">Form&nbsp;6-K&nbsp;in</FONT> paper as permitted by <FONT
STYLE="white-space:nowrap">Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(1):&#8194;&#9744;</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the <FONT
STYLE="white-space:nowrap">Form&nbsp;6-K&nbsp;in</FONT> paper as permitted by <FONT STYLE="white-space:nowrap">Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(7):&#8194;&#9744;</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DOCUMENTS FILED AS PART OF THIS <FONT STYLE="white-space:nowrap">FORM&nbsp;6-K</FONT> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">See the Exhibit Index to this <FONT STYLE="white-space:nowrap">Form&nbsp;6-K.</FONT> </P>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;
</DIV><DIV STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date:&nbsp;October&nbsp;15, 2025 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">CENOVUS ENERGY INC.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">(Registrant)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman"><I>/s/</I> <I>Amanda Pankiw</I></P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Amanda D. Pankiw</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Assistant Corporate Secretary</TD></TR>
</TABLE></DIV>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><FONT STYLE="white-space:nowrap">Form&nbsp;6-K&nbsp;Exhibit</FONT> Index </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD></TD>

<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="90%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Exhibit&nbsp;No.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000">&nbsp;</P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="d76145dex991.htm">News release dated October&nbsp;15, 2025 </A></TD></TR>
</TABLE>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d76145dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="middle" STYLE="BORDER-BOTTOM:1px solid #000000"><B>News release</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g76145g1015060645478.jpg" ALT="LOGO">
</P> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Cenovus Energy acquires additional MEG Energy common shares </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Calgary, Alberta (Oct. 15, 2025)</B> &#8211; Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has acquired an additional 3,276,460 common
shares of MEG Energy Corp. (&#8220;MEG&#8221;) through the facilities of the Toronto Stock Exchange or other Canadian alternative exchanges or markets. Immediately following the acquisition of the common shares, Cenovus beneficially owned, directly
or indirectly, and exercised control or direction over, an aggregate of 25,000,000 MEG common shares representing 9.8% of the 254,378,035 MEG common shares issued and outstanding, all of which have been acquired by Cenovus since Oct. 8, 2025. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The MEG common shares were acquired by Cenovus in furtherance of its previously announced transaction with MEG. To the extent Cenovus is able, the company
intends to vote any acquired shares in favour of the transaction. Cenovus may, from time to time, dependent on market or other conditions, and subject to applicable securities laws, either increase or decrease its beneficial ownership in the MEG
common shares. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Advisory </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><FONT
STYLE="white-space:nowrap">Forward-looking</FONT> Information </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This news release contains certain
<FONT STYLE="white-space:nowrap">forward-looking</FONT> statements and <FONT STYLE="white-space:nowrap">forward-looking</FONT> information (collectively referred to as <FONT STYLE="white-space:nowrap">&#8220;forward-looking</FONT>
information&#8221;) within the meaning of applicable securities legislation. Although Cenovus believes that the expectations represented by such <FONT STYLE="white-space:nowrap">forward-looking</FONT> information are reasonable, there can be no
assurance that such expectations will prove to be correct. <FONT STYLE="white-space:nowrap">Forward-looking</FONT> information in this document is identified by words such as &#8220;intends&#8221; and &#8220;may&#8221; and includes, but is not
limited to, statements regarding: Cenovus&#8217;s intention to vote acquired shares in favour of its previously announced transaction with MEG; and regarding Cenovus&#8217;s future ownership in MEG common shares and its intentions related thereto.
Developing <FONT STYLE="white-space:nowrap">forward-looking</FONT> information involves reliance on a number of assumptions and consideration of certain risks and uncertainties, including those risks identified under &#8220;Risk Management and Risk
Factors&#8221; and &#8220;Advisory&#8221; in Cenovus&#8217;s Management&#8217;s Discussion and Analysis for the periods ended <U>December&nbsp;31, 2024</U> and <U>June&nbsp;30, 2025</U> and to the risk factors, assumptions and uncertainties
described in other documents Cenovus files from time to time with securities regulatory authorities in Canada (available on SEDAR+ at <U>sedarplus.ca</U>, on EDGAR at <U>sec.gov</U> and Cenovus&#8217;s website at <U>cenovus.com</U>). Except as
required by applicable securities laws, Cenovus disclaims any intention or obligation to publicly update or revise any <FONT STYLE="white-space:nowrap">forward-looking</FONT> statements, whether as a result of new information, future events or
otherwise. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>CENOVUS ENERGY</B> NEWS
RELEASE | 1 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Cenovus Energy Inc. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading,
refining and marketing operations in Canada and the United States. The company is committed to maximizing value by developing its assets in a safe, responsible and cost-efficient manner, integrating environmental, social and governance
considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company&#8217;s preferred shares are listed on the Toronto Stock Exchange. For more information, visit
<U>cenovus.com</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Find Cenovus on <U>Facebook</U>, <U>LinkedIn</U>, <U>YouTube</U> and <U>Instagram</U>. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Cenovus contacts </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<TD VALIGN="bottom"><B>&#8195;Investors</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>Media</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8195;Investor Relations general line</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">&#8195;403-766-7711</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Media Relations general line</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">403-766-7751</FONT></FONT></P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>CENOVUS ENERGY</B> NEWS
RELEASE | 2 </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g76145g1015060645478.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g76145g1015060645478.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  P ,@# 2(  A$! Q$!_\0
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M/G5K'5:KKNE:'")=4U"WM%/W?-< M]!U/X5AP?$SP=<3")-<@5B< R(Z+^9
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,&<X ]S15F3M?0__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
