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Cenovus Energy Inc
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FirstEnergy East Coast Energy Conference
| Harbir Chhina | Page 5 of 11 |
June 09, 2026
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"FirstEnergy East Coast Energy Conference"
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3 0 100 200 300 400 500 2010 2011 2012F 2013F 2014F 2015F 2016F 2017F 2018F 2019F 2020F 2021F Bi t u m e n P e lic a n L a k e O t h e r o il & N G L s Mbb ls/d V o lu me s are s h o w n b e fo r e ro yal t ie s an d ne t to CV E. 20 12F bas e d o n m id po in t s o f D e ce mbe r 7, 2 011 gu ida n c e do c u me nt. 2013F t h ro ugh 20 21F bas e d o n fut u re p r ic e as s u m pt io n s as no te d in the adv is o ry. F o r e c a s t vo lu me s are e s timate s o n ly and subj ect to regul a tory and p a r t ner a pprova ls . Se e advi sory . 1 4 % C A G R 2 0 1 1 – 2 0 2 1 F Providing sustainable, predictable oil growth Integrated oil drives operating cash flow * Price Exp o s e d 165 MMcf / d ( 25%) * O pe r a ting cas h flo w is a no n-G A AP m e asur e . Se e ad viso r y . 0% 20% 40% 60% 80% 100% 20 10 20 11 201 2F F o st er C reek & C h rist in a L a k e Pe lic a n L a k e C o nv e nt io na l o il & o t he r R e f ini ng & M a r k e t in g Na t u r a l g a s 64 % 80 % 85 %