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

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)

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