Cenovus donates $50,000 to help residents affected by forest fires in Slave Lake, AB

May 17, 2011 2:25 PM ET

(3BL Media / theCSRfeed) CALGARY, Alberta - May 17, 2011 - Cenovus Energy is supporting residents of the Slave Lake area forced from their homes due to forest fires by donating $50,000 to the Canadian Red Cross for its relief efforts in northern Alberta.

“Our thoughts are with all of the families who are dealing with the devastation of the fire that swept through Slave Lake, including our employees and contractors,” said Brian Ferguson, President & Chief Executive Officer of Cenovus. “The Red Cross is already on the ground in the area and this donation will help them with the excellent work they are doing to provide emergency assistance to the thousands of people in need.”

As part of its matching gifts program, Cenovus will also match employee donations dollar-for-dollar up to $25,000 per employee. In addition, the company will assess other opportunities to support the community of Slave Lake as it starts to rebuild.

Cenovus has also contributed to emergency relief efforts for Japan, Pakistan and Haiti, and to flood relief efforts in Medicine Hat, Alberta in 2010. In addition to the corporate donations, the company also matched employee gifts for these emergencies.