Cenovus Energy Inc T.CVE

Alternate Symbol(s): CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Energy Oil & Gas Integrated

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.

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Cenovus Energy Inc > Will Cenovus Buy Meg?

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Comment by mrbbon Jun 20, 2021 3:35am

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Post# 33417581

RE:RE:RE:Will Cenovus Buy Meg?

[You are confusing me, if not everyone else too.

is fort hills mining their oilsand with shovel and dump truck or use the new propane assisted SAGD???

Remember that the Fort Hills SHOVEL/DUMP TRUCKS mine operates under the SURFACE OVERBURDEN {maybe 50 meters DEPTH ???} while the SAGD reservoir operations of Chistina Lake (CVE) must be HEATED in the 360 to 420 METERS UNDERGROUND and PUMPED to the surface !!!

quote=Eigen337]
MOST people DON'T know this but the Fort Hills oilsands MINE is a LOT LESS ENERGY INTENSIVE and therefore CARBON-DIOXIDE (CO2) INTENSIVE per barrel of BITUMEN produced than the SUPERIOR SAGD operations like the industry leading CVE Christina Lake followed closely by MEG Christina Lake !!!

This is my opinion only.

Eigen337
[/quote]