Cenovus Closer to Taking Top Spot in Canadian Thermal Production as Deal with ConocoPhillips Progresses

SUGAR LAND--April 10, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)-- Cenovus Energy Incorporated (NYSE:CVE) (Calgary, Alberta) is making rapid strides in its effort to double its production and reserves in Canada through a $13.3 billion purchase of assets held by ConocoPhillips (NYSE:COP) (Houston, Texas) that will establish Cenovus as Canada's largest thermal producer. Industrial Info is tracking $3.26 billion in active projects involving Cenovus. Within this article: Details on properties affected by the mega-deal, including the Christina Lake complex, and Cenovus' other high-value projects in Western Canada. Other companies featured: Pembina Pipeline Corporation (NYSE:PBA)