Aug 9 (Reuters) - Cenovus Energy Inc CVE.TO :
* PRESS RELEASE - CENOVUS REACHES AGREEMENT TO SELL PIPESTONE BUSINESS FOR $625 MILLION
* CENOVUS ENERGY INC - DEAL FOR CASH PROCEEDS OF $625 MILLION
* CENOVUS ENERGY INC - DEAL INCLUDES PIPESTONE BUSINESS'S 39% OPERATED WORKING INTEREST IN WEMBLEY GAS PLANT