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 webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate, please dial 888-231-8191 (toll-free in North America) or 647-427-7450 approximately 10 minutes prior to the conference call.

The webcast link will be available at cenovus.com or via the following URL:
http://event.on24.com/r.htm?e=1408853&s=1&k=0A35EA52D972B03CB70B35E0D73494F6

Cenovus's annual meeting of shareholders will be held the same day at The Westin Calgary, Grand Ballroom, 320 -- 4th Avenue S.W. at 2 p.m. MT (4 p.m. ET). The webcast link and presentation slides will be available via Cenovus's website, cenovus.com.

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.

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CENOVUS CONTACTS:

Investor Relations

Kam Sandhar
Vice-President, Investor Relations & Corporate Development
403-766-5883

Graham Ingram
Manager, Investor Relations
403-766-2849

Media
Brett Harris
Media Lead
403-766-3420

Media Relations general line
403-766-7751