Cenovus donates $600,000 to Grasslands School Division No. 6

CALGARY, March 17, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced a $600,000 donation to be made over three years to Grasslands School Division No.6 for its Literacy Initiative. The donation will provide literacy resources for 20 schools in southeastern Alberta. This project represents a key step towards the division's main goal of achieving 100 percent high school completion rates by 2016.

"Our investment in the Grasslands School Division is a strong example of our long-term support for education," says Leanne Courchesne, Cenovus Group Lead, Community Investment. "We hope this donation will positively influence students, helping them to stay in school and increase graduation rates. At Cenovus, we know investing in all types of education will help create a vibrant future for our communities."

Students throughout the division will benefit from this new partnership as the initiative aims to improve students' reading and writing skills by focusing on three main areas; literacy instruction, assessment, and classroom resources.

"We would like to thank Cenovus for their generous donation towards the purchase of classroom literacy resources in Grasslands schools," said David Steele, Superintendent of Grasslands. "We appreciate this three-year commitment and believe that this partnership will make a positive difference in the lives of the students in the County of Newell."

This announcement comes just weeks after Cenovus also announced a three-year commitment to support literacy and career development in Northlands School Division No. 61 in northern Alberta.

Cenovus Energy Inc.
Cenovus Energy Inc. is a Canadian integrated oil company. It is committed to applying fresh, progressive thinking to safely and responsibly unlock energy resources the world needs. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and Saskatchewan. The company also has 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges. For more information, visit cenovus.com.

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Grasslands School Division No. 6
Grasslands School Division covers an area of more than 6,475 square kilometres in southeastern Alberta. Brooks, at its centre, is approximately 180 kilometres southeast of Calgary and 110 kilometres northwest of Medicine Hat. Grasslands School Division operates 13 schools in the communities of Bassano, Brooks, Duchess, Gem, Rainier, Rolling Hills, Rosemary and Tilley as well as seven Hutterite colony schools. For more information, visit grasslands.ab.ca.

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SOURCE Cenovus Energy Inc.