Dec 11 (Reuters) - Canada's Cenovus Energy Inc CVE.TO said on Tuesday it would reduce its capital spending for 2019 by 4 percent amidst a broader turnaround plan following its highly criticized deal with ConocoPhillips (NYSE:COP) COP.N .
The company said it plans to invest between C$1.2 billion ($901.1 million) and C$1.4 billion in 2019, with the majority of the budget going to its Foster Creek and Christina Lake oil sands operations. ($1 = C$1.33)