RE:Irving Oil purchasing Cenovus Oil Nfld offshore production run rate is ~300mbbl/d. Mainly Hibernia and Hebron but smaller contributions from TerraNova and WR/WWR. Ownership of the production largely by XOM, SU, and CVE. Interestingly, that roughly matches the Irving refinery capacity. Would XOM want to buy Irving? Or maybe a JV buyout by the three... say 75%/25%/25% with XOM as operator?
https://www.gov.nl.ca/fin/economics/eb-oil/