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Press release from Business Wire

Cenovus files 2011 year-end disclosure documents

Wednesday, February 22, 2012

Cenovus files 2011 year-end disclosure documents16:05 EST Wednesday, February 22, 2012 CALGARY, Alberta (Business Wire) -- Cenovus Energy Inc. (TSX, NYSE: CVE) today filed its audited Consolidated Financial Statements for the year ended December 31, 2011, and related Management's Discussion and Analysis with Canadian securities regulatory authorities. Cenovus has also filed its Annual Information Form for the year ended December 31, 2011, which includes disclosure relating to reserves data and other oil and gas information. In addition, Cenovus has filed its Form 40-F with the U.S. Securities and Exchange Commission. Copies of these documents may be obtained via www.sedar.com, www.sec.gov (for the Form 40-F), the company's website, www.cenovus.com under Invest In Us or by email to investor.relations@cenovus.com. Copies of Cenovus's complete audited Consolidated Financial Statements are available to shareholders upon request, free of charge. 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 $33 billion. For more information, visit www.cenovus.com. CENOVUS CONTACTS:Investors:Susan GreyDirector, Investor Relations403-766-4751Graham IngramSenior Analyst, Investor Relations403-766-2849Bill StaitSenior Analyst, Investor Relations403-766-6348Media:Rhona DelFrariDirector, Media Relations403-766-4740Reg CurrenSenior Advisor, Media Relations403-766-2004