Cenovus to present at UBS Global Oil and Gas Conference

CALGARY, Alberta (May 23, 2012) - Ivor Ruste, Cenovus Executive Vice-President & Chief Financial Officer, will be presenting at the UBS Oil and Gas Conference on Thursday, May 24, 2012, at 9 a.m. MT (10 a.m. CT) in Austin, Texas. The presentation will include information detailing the company’s oil sands assets and future growth opportunities.

The webcast link will be available via Cenovus’s website, www.cenovus.com or via the following URL:

http://cc.talkpoint.com/ubsx001/052112a_im/?entity=25_WROTSX2


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 $28 billion. For more information, visit www.cenovus.com.


CENOVUS CONTACTS:

Investors: Media:
Susan Grey
Director, Investor Relations
403-766-4751
Rhona DelFrari
Director, Media Relations
403-766-4740
Graham Ingram
Senior Analyst, Investor Relations
403-766-2849
Reg Curren
Senior Advisor, Media Relations
403-766-2004
Bill Stait
Senior Analyst, Investor Relations
403-766-6348