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Cenovus Energy Inc.

09:56 AM EST - Cenovus Energy Inc. : reports that Foster Creek and Christina Lake combined oil sands production was almost 67,000 barrels per day (bbls/d) net to Cenovus in the first quarter, a 14% increase compared with the same period in 2010. It also reports strong performance from existing oil projects prompted a decision to increase capital investment by about $190 million for the year to take advantage of opportunities to advance oil development. Refining operating cash flow was strong at $180 million during the quarter. Cenovus Energy Inc. shares T.CVE are trading up $0.18 at $36.41.