Developing forward-looking information involves reliance on a number of assumptions and consideration of certain risks and uncertainties, some of which are specific to Cenovus and others that apply to the industry generally. Material factors and assumptions on which the forward-looking information is based and the risk factors, uncertainties and other factors that could cause Cenovus's actual results to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements include those identified and described in Cenovus's 2018 guidance (available on Cenovus's website at cenovus.com) and under "Risk Management and Risk Factors" in Cenovus's Management's Discussion and Analysis for the year ended December 31, 2017 and the company's Annual Information Form and Form 40-F for the period ended December 31, 2017 (available on SEDAR at sedar.com, on EDGAR at sec.gov and on Cenovus's website at cenovus.com), and such factors are incorporated herein by reference. The lists contained therein are not to be considered exhaustive and are made as at the date hereof. These or other events or circumstances could cause Cenovus's actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking information.Cenovus Energy Inc.Cenovus Energy Inc. is a Canadian integrated oil and natural gas company. It is committed to maximizing value by responsibly developing its assets in a safe, innovative and efficient way. 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 British Columbia. 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. Find Cenovus on Facebook, Twitter, LinkedIn, YouTube and Instagram.
|CENOVUS CONTACTS: Investor RelationsKam SandharSenior Vice-President, Strategy & Corporate Development 403-766-5883Steven MurrayManager, Investor Relations 403-766-3382||MediaReg CurrenSenior Media Advisor 403-766-2004Media Relations general line 403-766-7751|