EX-99.1 2 d577170dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

Cenovus reports voting results of election of Directors

Calgary, Alberta (April 25, 2018) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 25, 2018, each of the 12 nominees proposed as Directors and listed in its Management Information Circular dated March 2, 2018 were elected as Directors. The detailed results of the vote are set out below.

 

 

Nominee

 

  

 

Votes for

 

    

 

Votes withheld

 

     

Number

 

           Percent            Number            Percent        

Susan F. Dabarno

 

   904,255,139           93.13           66,679,293           6.87       

Patrick D. Daniel

 

   930,290,662           95.81           40,643,053           4.19       

Harold N. Kvisle

 

   955,255,784           98.39           15,679,047           1.61       

Steven F. Leer

 

   883,327,049           90.98           87,607,383           9.02       

Keith A. MacPhail

 

   956,168,485           98.48           14,765,230           1.52       

Richard J. Marcogliese

 

   930,849,291           95.87           40,085,540           4.13       

Claude Mongeau

 

   936,662,507           96.47           34,271,925           3.53       

Alexander J. Pourbaix

 

   963,998,806           99.29           6,934,909           0.71       

Charles M. Rampacek

 

   893,258,611           92.00           77,676,220           8.00       

Colin Taylor

 

   934,717,011           96.27           36,217,421           3.73       

Wayne G. Thomson

 

   930,052,695           95.79           40,881,020           4.21       

Rhonda I. Zygocki

 

   894,940,114           92.17           75,994,717           7.83       

Cenovus welcomes Harold N. Kvisle and Keith A. MacPhail as new members of its Board of Directors. Mr. Kvisle and Mr. MacPhail bring a wealth of oil and gas experience at both the executive and Board level.

Mr. Kvisle served as President and Chief Executive Officer of Talisman Energy Inc. from September 2012 to May 2015 and was a director of the company from May 2010 to May 2015. From 2001 to 2010 he was President and Chief Executive Officer at TransCanada Corporation. Prior to joining TransCanada, Mr. Kvisle held engineering, finance and management positions with two other Canadian oil and gas companies. He is currently Chairman of ARC Resources Ltd., a director of Cona Resources Ltd. and a director of Finning International Inc.

 

LOGO

 

Page 1


Mr. MacPhail is currently Chairman of Bonavista Energy Corporation and was Executive Chairman of the company from 2012 to 2018, Chairman and Chief Executive Officer from 2008 to 2012 and President and Chief Executive Officer from 1997 to 2008. Prior to joining Bonavista, he held progressively responsible positions with Canadian Natural Resources Limited, ultimately serving as Executive Vice-President and Chief Operating Officer. Mr. MacPhail is also currently Chairman of NuVista Energy Ltd.

Cenovus would like to extend its sincere thanks and best wishes to Ian W. Delaney, who has retired from the Board of Directors. Mr. Delaney has been a Director since Cenovus’s inception in 2009.

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 Relations

 

Kam Sandhar

Senior Vice-President, Strategy & Corporate Development

403-766-5883

 

Steven Murray

Manager, Investor Relations

403-766-3382

  

Media

Reg Curren

Senior Advisor, Media Relations

403-766-2004

 

Media Relations general line

403-766-7751

 

LOGO