UPDATE 1-Cenovus to buy oil and gas assets from ConocoPhillips for $13.3 bln
March 29, 2017 at 17:16 PM EDT
March 29 (Reuters) - Canada's Cenovus Energy Inc said on Wednesday it would buy ConocoPhillips' 50 percent stake in an oil sands venture owned by the two companies, and some oil and gas assets held by the U.S. company in Alberta and British Columbia for C$17.7 billion ($13.3 billion).