CALGARY, Alberta, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has been recognized once again for its corporate responsibility performance. The company has been included in the Dow Jones Sustainability North America Index for the eighth consecutive year. Cenovus is one of only two Canadian oil and gas producers to make the index this year. Areas where the company scored well include [...]
CALGARY, Alberta, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Drew Zieglgansberger, Executive Vice-President, Deep Basin, will present at the Barclays CEO Energy-Power Conference on Thursday, September 7, 2017 at 6:25 a.m. MT (8:25 a.m. ET) in New York. The webcast link will be available via Cenovus’s website, cenovus.com, or the following URL: https://cc.talkpoint.com/barc002/090517b_as/?entity=65_UGHNC31 [...]
CALGARY, Alberta, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into a definitive agreement to sell its Pelican Lake heavy oil operations, as well as other miscellaneous assets in northern Alberta for gross cash proceeds of $975 million. The sale is expected to close on or before September 30, 2017, subject to normal closing conditions. Proceeds from the sale will be applied [...]
CALGARY, Alberta, July 27, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) had a strong second quarter that reflected 45 days of results from the assets recently acquired from ConocoPhillips. The acquisition gives Cenovus 100% ownership of its oil sands operations and a new production platform in the liquids-rich Deep Basin. Integration of the Deep Basin assets is on track. To further optimize its [...]
Cenovus Energy will release its second quarter 2017 results on Thursday, July 27, 2017. The news release will provide consolidated second quarter 2017 operating and financial information. Financial statements will be available on the company’s website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate, please dial [...]
CALGARY, Alberta, July 13, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has published its 2016 corporate responsibility report detailing the company's efforts to accelerate its environmental performance, protect the health and safety of its staff, invest in and engage with the communities where it operates and maintain the highest standards of corporate governance. In 2016, Cenovus: Set a target to [...]
CALGARY, Alberta, June 20, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today put forward a five-year plan that the company expects will generate 14% annualized free funds flow growth through 2021 at a West Texas Intermediate (WTI) price of US$55 per barrel (bbl) while increasing production at a 6% compound annual growth rate and reducing its debt. The plan entails disciplined capital investment to [...]
CALGARY, Alberta, June 20, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced that its President & Chief Executive Officer Brian Ferguson will be retiring as an officer and director of the company on October 31, 2017. Ferguson will continue in his roles leading the company and serving on the Board of Directors until that time. The Board will engage immediately in a broad global search for a [...]
CALGARY, Alberta, June 13, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will hold its 2017 Investor Day on Tuesday, June 20, 2017 at 8:00 a.m. ET (6:00 a.m. MT) in Toronto. Members of Cenovus’s Leadership Team will provide an update on the company’s strategy, outlook and operations to invited institutional investors and analysts. To accommodate a broader audience, the presentations will be [...]
CALGARY, Alberta, May 17, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has closed its previously announced purchase of assets in Western Canada from ConocoPhillips after receiving all necessary regulatory approvals for the transaction. The acquired assets include ConocoPhillips’ 50% interest in the FCCL Partnership, the oil sands venture which was jointly owned with and operated by Cenovus, as [...]
CALGARY, AB--(Marketwired - April 26, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2017 each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated March 3, 2017 were elected as Directors. The detailed results of the vote are set out below. Nominee Votes for Votes withheld Number [...]
Acquisition of FCCL and Deep Basin assets on track CALGARY, AB--(Marketwired - April 26, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver strong operational performance in the first quarter of 2017, increasing oil sands production by almost one-third while further reducing per-barrel crude oil operating costs compared with the same period in 2016. As a result of its reduced cost structure [...]
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