Sept 5 (Reuters) - Canada's Cenovus Energy Inc CVE.TO said on Tuesday it would sell its Pelican Lake heavy oil operations in Alberta for C$975 million ($786.92 million).
Cenovus said the proceeds from the sale would be used to fund the acquisition of ConocoPhillips (NYSE:COP)' COP.N assets, which it purchased for $13.3 billion in March. ($1 = C$1.2390)