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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.


TSX:CVE - Post by User

Cenovus Energy Inc > Canada Expects To + COP by 375,000 Bbls/d In Next 2 YEARS
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Comment by ztransforms173on Aug 23, 2023 11:48am
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Post# 35601910

RE:Canada Expects To + COP by 375,000 Bbls/d In Next 2 YEARS

RE:Canada Expects To + COP by 375,000 Bbls/d In Next 2 YEARS
- I already covered the 17 KILOMETERS PIPELINES (going through MEG Energy leased lands) connecting the NARROWS LAKE WELLS to the Cenovus Enegy's Chistina Lake STEAM and WATER/OIL PROCESSING FACILITIES in my previous posts

- there is a STRONG POSSIBILITY that MEG Energy will invest $ 250- 300 million to INCREASE BOP by 15,000 bbls/d (to a MAXIMUM BOP of 125,000 bbls/d) in the 2024 - 2026 TIMEFRAME assuming that they get their NET DEBT DOWN to USD 600 milllion by Q3/2024

- the WCSB crude oil producers have about 500,000 to 600,0000 bbls/d OF EXCESS EGRESS CAPACITY to play with and still ABLE TO EXPORT their production

z173
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