<SEC-DOCUMENT>0001193125-25-286868.txt : 20251119
<SEC-HEADER>0001193125-25-286868.hdr.sgml : 20251119
<ACCEPTANCE-DATETIME>20251119060136
ACCESSION NUMBER:		0001193125-25-286868
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20251118
FILED AS OF DATE:		20251119
DATE AS OF CHANGE:		20251119

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:		251496561

	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>
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<TYPE>6-K
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<FILENAME>d850982d6k.htm
<DESCRIPTION>6-K
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<P STYLE="margin-top:4pt; 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:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT STYLE="white-space:nowrap">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:12pt; 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 Rule <FONT STYLE="white-space:nowrap">13a-16</FONT> or <FONT STYLE="white-space:nowrap">15d-16</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 November 2025 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File Number: <FONT STYLE="white-space:nowrap">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:24pt; 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 Form <FONT STYLE="white-space:nowrap">20-F</FONT> or Form <FONT
STYLE="white-space:nowrap">40-F.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Form <FONT STYLE="white-space:nowrap">20-F&#8194;&#9744;&#8195;&#8195;&#8195;Form</FONT> <FONT
STYLE="white-space:nowrap">40-F&#8194;&#9746;</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 Form
<FONT STYLE="white-space:nowrap">6-K</FONT> in paper as permitted by Regulation <FONT STYLE="white-space:nowrap">S-T</FONT> Rule 101(b)(1):&#8194;&#9744; </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 Form <FONT STYLE="white-space:nowrap">6-K</FONT> in paper as permitted by Regulation <FONT
STYLE="white-space:nowrap">S-T</FONT> Rule 101(b)(7):&#8194;&#9744; </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 FORM
<FONT STYLE="white-space:nowrap">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 Form <FONT STYLE="white-space:nowrap">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>
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 <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:6pt; 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:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: November&nbsp;18, 2025 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3">CENOVUS ENERGY INC.</TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">(Registrant)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
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<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
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<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">/s/ Amanda D. Pankiw</P></TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Amanda D. Pankiw</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>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Form <FONT STYLE="white-space:nowrap">6-K</FONT> Exhibit Index </P>
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<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Exhibit&nbsp;No.</TD>
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<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="d850982dex991.htm">News Release dated November&nbsp;18, 2025 </A></TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Arial" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"><FONT STYLE="font-family:Arial; font-size:24pt" COLOR="#244c5a"><B>News Release</B></FONT></TD>
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</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #cf4520">&nbsp;</DIV>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:16pt; font-family:Arial" ALIGN="center"><FONT COLOR="#244c5a"><B>Cenovus Energy announces $2.6&nbsp;billion offering of senior notes </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><I>The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering of Canadian Notes will be accessible
through SEDAR+ within two business days. </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><B>Calgary, Alberta (November</B><B></B><B>&nbsp;18, 2025)</B> &#8211; Cenovus Energy Inc. (&#8220;Cenovus&#8221;)
(TSX: CVE) (NYSE: CVE) announced today that it has priced an offering of $2.6&nbsp;billion in aggregate principal amount of senior unsecured notes. The notes offered are comprised of four tranches across Canadian dollar and U.S. dollar denominations
(the &#8220;Canadian Notes&#8221; and &#8220;U.S. Notes&#8221;, respectively). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">The Canadian Notes are comprised of a $650&nbsp;million principal amount bearing a
coupon of 4.25% and $550&nbsp;million principal amount bearing a coupon of 4.60%, with maturities on March&nbsp;20, 2033, and November&nbsp;20, 2035, respectively. The U.S. Notes are comprised of US$500&nbsp;million principal amount bearing a coupon
of 4.65% and US$500&nbsp;million principal amount bearing a coupon of 5.40%, with maturities on March&nbsp;20, 2031, and March&nbsp;20, 2036, respectively. The offerings are expected to close on November&nbsp;20, 2025, subject to customary closing
conditions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Cenovus intends to use the net proceeds of the offerings to fund the redemption of its $750&nbsp;million aggregate principal amount of 3.60% senior
notes due 2027 and its US$373&nbsp;million aggregate principal amount of 4.25% senior notes due 2027, and to fund the redemption of MEG Energy Corp.&#8217;s US$600&nbsp;million aggregate principal amount of 5.875% senior notes due 2029, and for
general corporate purposes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">The Notes are being offered through a syndicate of dealers led by CIBC Capital Markets, J.P. Morgan Securities LLC., TD Securities
Inc., Goldman Sachs&nbsp;&amp; Co. LLC, and Mizuho Securities USA LLC. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">The Canadian Notes are being offered in all provinces and territories of Canada by way of a
prospectus supplement to Cenovus&#8217;s short form base shelf prospectus dated November&nbsp;3, 2023. The U.S. Notes are being offered pursuant to a prospectus supplement that has been filed with the U.S. Securities and Exchange Commission (the
&#8220;SEC&#8221;) as part of an effective registration statement on Form <FONT STYLE="white-space:nowrap">F-10,</FONT> dated November&nbsp;3, 2023, in accordance with the multi-jurisdictional disclosure system established between Canada and the
United States, and in certain Canadian provinces on a private placement basis pursuant to an offering memorandum. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Access to the prospectus supplement, the base
shelf prospectus and any amendment thereto relating to the Canadian Notes is provided in accordance with Canadian securities legislation relating to procedures for providing access to a prospectus supplement, a base shelf prospectus and any
amendment. The base shelf prospectus is, and the prospectus supplement will be (within two business days of the date hereof), accessible under Cenovus&#8217;s SEDAR+ profile at
<FONT STYLE="font-family:Arial; font-size:11pt" COLOR="#0000ff"><U>www.sedarplus.ca</U></FONT><FONT STYLE="font-family:Arial">. An electronic or paper copy of the prospectus supplement (when filed), the base shelf prospectus and any amendment
thereto may be obtained, without charge, from CIBC Capital Markets by phone at: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">416-594-8515</FONT></FONT> or email at: Mailbox.CIBCSyndication@cibc.com and from J.P. Morgan
Securities Canada Inc. by phone at: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">403-532-2126</FONT></FONT> and from TD Securities Inc. by phone at:
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">416-982-2243</FONT></FONT> or email at: TDCAN-Syndicate@tdsecurities.com, by providing the contact with an email address or address, as applicable. The base shelf prospectus and
prospectus supplement, including the documents incorporated therein by </FONT></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="right" STYLE="BORDER-RIGHT:1px solid #6ba4b8;"><FONT COLOR="#6ba4b8"><B>CENOVUS ENERGY</B> NEWS RELEASE&#8194;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#6ba4b8">1</FONT></TD></TR></TABLE>

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reference, contain important, detailed information about Cenovus and the offering of the Canadian Notes. Prospective investors should read the base shelf prospectus and prospectus supplement
(when filed) before making an investment decision with respect to the Canadian Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Cenovus has filed a registration statement (including a prospectus) and a
prospectus supplement relating to the U.S. Notes with the SEC with respect to which this news release relates. Before you invest in the U.S. Notes, you should read the prospectus in that registration statement, prospectus supplement and the other
documents Cenovus has filed with the SEC for more complete information about Cenovus and the offering of U.S. Notes. You may get these documents for free by visiting EDGAR on the SEC website at <FONT
STYLE="font-family:Arial; font-size:11pt" COLOR="#0000ff"><U>sec.gov</U></FONT><FONT STYLE="font-family:Arial">. Alternatively, Cenovus, any underwriter or any dealer participating in the offering of U.S. Notes will arrange to send you the
prospectus and prospectus supplement if you request it by calling J.P. Morgan Securities LLC collect at <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">212-834-4533,</FONT></FONT> CIBC Capital Markets toll-free at <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">800-282-0822,</FONT></FONT> Goldman Sachs&nbsp;&amp; Co. LLC toll-free at <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">866-471-2526</FONT></FONT> or Mizuho Securities
USA LLC toll-free at <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">866-271-7403.</FONT></FONT> </FONT></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">This news release does not constitute an
offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the
securities laws of any such province, state or jurisdiction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:14pt; font-family:Arial"><FONT COLOR="#244c5a"><B>Advisory </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Arial"><FONT COLOR="#6ba4b8"><B>Forward-looking Information </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">This news release
contains certain forward-looking statements and forward-looking information (collectively referred to as &#8220;forward-looking information&#8221;) within the meaning of applicable securities legislation, including the U.S. Private Securities
Litigation Reform Act of 1995, about Cenovus&#8217;s current expectations, estimates and projections about the future of the company, based on certain assumptions made in light of experiences and perceptions of historical trends. Although Cenovus
believes the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Forward-looking information in this news release is identified by words such as &#8220;will&#8221; or similar expressions and includes suggestions of future outcomes,
including, but not limited to, statements with respect to the closing of the offerings of the Canadian Notes and U.S. Notes and the use of proceeds thereof, including the redemption of outstanding notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Developing forward-looking information involves reliance on a number of assumptions and consideration of certain risks and uncertainties, some of which are specific to
Cenovus and others that apply to the industry generally. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Readers are cautioned that other events or circumstances, although not listed above, could cause
Cenovus&#8217;s actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">For
additional information regarding Cenovus&#8217;s material risk factors, the assumptions made, and risks and uncertainties which could cause actual results to differ from the anticipated results, refer to &#8220;Risk
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="right" STYLE="BORDER-RIGHT:1px solid #6ba4b8;"><FONT COLOR="#6ba4b8"><B>CENOVUS ENERGY</B> NEWS RELEASE&#8194;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#6ba4b8">2</FONT></TD></TR></TABLE>

</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:11pt; font-family:Arial">
Management and Risk Factors&#8221; and &#8220;Advisory&#8221; in Cenovus&#8217;s Management&#8217;s Discussion and Analysis for the periods ended December&nbsp;31, 2024 and September&nbsp;30,
2025, 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 <FONT
STYLE="font-family:Arial; font-size:11pt" COLOR="#0000ff"><U>sedarplus.ca</U></FONT><FONT STYLE="font-family:Arial"> and on EDGAR at </FONT><FONT STYLE="font-family:Arial; font-size:11pt" COLOR="#0000ff"><U>sec.gov</U></FONT><FONT
STYLE="font-family:Arial">). </FONT></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:14pt; font-family:Arial"><FONT COLOR="#244c5a"><B>Cenovus Energy Inc. </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">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. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Arial"><FONT COLOR="#6ba4b8"><B>Cenovus contacts: </B></FONT></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><FONT COLOR="#244c5a"><B>Investors </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Investor Relations general line </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">403-766-7711</FONT></FONT> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><FONT COLOR="#244c5a"><B>Media </B></FONT></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial">Media Relations general line </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Arial"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">403-766-7751</FONT></FONT> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="right" STYLE="BORDER-RIGHT:1px solid #6ba4b8;"><FONT COLOR="#6ba4b8"><B>CENOVUS ENERGY</B> NEWS RELEASE&#8194;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT COLOR="#6ba4b8">3</FONT></TD></TR></TABLE>

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