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 [...]
Annual meeting of shareholders to take place in Calgary CALGARY, AB--(Marketwired - April 19, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its first quarter 2017 results on Wednesday, April 26, 2017. The news release will provide consolidated first quarter 2017 operating and financial information. Financial statements will be available on the company's website, cenovus.com. A conference call and [...]
Remains committed to strengthening its balance sheet CALGARY, AB--(Marketwired - April 06, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has made significant progress executing on its previously announced financing plan for the company's $17.7 billion purchase of assets in Western Canada from ConocoPhillips. The acquisition is expected to close in the second quarter of this year. Since the agreement was announced [...]
CALGARY, AB --(Marketwired - April 06, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) ("Cenovus") has closed its previously announced bought-deal common share financing. A total of 187.5 million common shares ("Common Shares") were sold at a price of $16.00 per share (the "Offering") for gross proceeds of $3.0 billion. The Offering was made through a syndicate of underwriters led by RBC Capital Markets and J.P [...]
Offering is part of previously announced plan to finance asset acquisition CALGARY, AB--(Marketwired - April 04, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) ("Cenovus") has priced a US$2.9 billion offering (the "Offering") of senior notes. The Offering is part of the company's previously announced financing plan to fund the purchase of assets in Western Canada from ConocoPhillips (the "Acquisition"). The [...]
CALGARY, ALBERTA--(Marketwired - Mar 29, 2017) - Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) ("Cenovus") announced today that it has entered into a bought-deal financing agreement to sell 187.5 million common shares ("Common Shares") at a price of $16.00 per share (the "Offering"). The Offering will be made through a syndicate of underwriters (the "Underwriters") led by RBC Capital Markets and J.P. Morgan. The gross proceeds [...]
$17.7 billion acquisition establishes anchor position in two of Canada's most attractive oil and gas plays CALGARY, ALBERTA--(Marketwired - Mar 29, 2017) - Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has agreed to acquire ConocoPhillips' 50% interest in the FCCL Partnership, the companies' jointly owned oil sands venture operated by Cenovus. Cenovus is also purchasing the majority of ConocoPhillips' Deep Basin conventional [...]
Higher oil sands production, lower costs CALGARY, AB--(Marketwired - February 16, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered strong, safe and reliable operating performance in 2016. The company increased its oil sands production compared with 2015 and achieved further cost efficiencies, including decreased operating and general and administrative (G&A) expenses as well as lower oil sands sustaining [...]
CALGARY, AB--(Marketwired - February 09, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its fourth quarter and year-end 2016 results on Thursday, February 16, 2017. The news release will provide consolidated fourth quarter and year-end 2016 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 [...]