CALGARY, Alberta, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today announced the appointment of Alex Pourbaix as President & Chief Executive Officer and member of the Board of Directors. Pourbaix will start the role on November 6. He replaces Brian Ferguson, who announced earlier this year that he will be retiring from that position after 33 years with Cenovus and its predecessor companies [...]
CALGARY, Alberta, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its third quarter 2017 results on Thursday, November 2, 2017. The news release will provide consolidated third 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 [...]
CALGARY, Alberta, Oct. 19, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into an agreement to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for cash proceeds of $1.3 billion. The sale is expected to close in the fourth quarter of this year, subject to customary closing conditions. As with other recently announced divestiture [...]
CALGARY, Alberta, Sept. 25, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into a definitive agreement to sell its Suffield crude oil and natural gas operations in southern Alberta to International Petroleum Corporation for gross cash proceeds of $512 million. The parties have also agreed to a deferred purchase price adjustment that gives Cenovus the opportunity to benefit from potential [...]
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 [...]
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