TORONTO, April 11 (Reuters) - Cenovus Energy Inc CVE.TO has 75 percent of financing in place for its C$17.7 billion ($13.3 billion) acquisition of ConocoPhillips (NYSE:COP)' COP.N oil and gas assets, Cenovus Chief Executive Brian Ferguson said on Tuesday.
The strategic rationale for the deal is well understood by investors, Ferguson said.