July 27, 2017 / 3:48 PM / 2 months ago

BRIEF-Cenovus says asset divestiture could exceed C$5 billion

July 27 (Reuters) - Cenovus Energy Inc

* Chief Executive Ferguson says will announce sale agreement for Suffield and Pelican Lake assets in third quarter

* Cenovus CEO Ferguson says will have update on sales of Weyburn and Palliser oil assets in fourth quarter

* For new CEO, Cenovus says looking for candidate focused on cost and would carry on company’s current plans

* Says asset divestiture to cut debt for Conocophillips acquisition could exceed C$5 billion Source text for Eikon: Further company coverage: (Reporting by Ethan Lou)

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