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Cenovus To Hold Conference Call And Webcast On 2013 Budget

Cenovus Energy Inc. (TSX, NYSE: CVE) will release its 2013 budget on Wednesday, December 12, 2012. The news release will provide the company’s outlook and expectations for 2013.

A conference call and webcast to discuss the budget will be held for the investment community and the media the same day at 9 a.m. MT (11 a.m. ET). To participate, please dial 888-231-8191 (toll-free in North America) or 403-451-9838 approximately 10 minutes prior to the conference call. An archived recording of the call will be available from approximately 10 a.m. MT on December 12 until 10 p.m. MT on December 19, 2012 by dialing 855-859-2056 or 403-451-9481 and entering conference password 98831812.

A live audio webcast of the conference call and presentation slides will also be available via Cenovus’s website, www.cenovus.com, or via the following URL: http://event.on24.com/r.htm?e=534595&s=1&k=012B2A1CDD49308A94481F3113721029

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. The company also has established natural gas and oil production in Alberta and Saskatchewan and 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. Its enterprise value is approximately $30 billion. For more information, visit www.cenovus.com.

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