Cenovus Energy Inc.

Completed a public offering in the U.S. of senior notes, consisting of $500 million of 2.650% senior unsecured notes due 2032 and $750 million of 3.750% senior unsecured notes due 2052. Proceeds will be used to partially finance the repurchase of certain of the company’s outstanding senior notes pursuant to previously announced tender offers. J.P. Morgan Securities LLC, BofA Securities Inc. and MUFG Securities Americas Inc. were joint book-running managers. BMO Capital Markets Corp., Scotia Capital (USA) Inc., Mizuho Securities USA LLC, CIBC World Markets Corp., Goldman Sachs & Co. LLC, RBC Capital Markets LLC, TD Securities (USA) LLC, ATB Capital Markets Inc., SMBC Nikko Securities America Inc., Desjardins Securities Inc. and Wells Fargo Securities LLC were additional advisers.