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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

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 > Cenovus
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Comment by mrbbon Dec 09, 2024 2:59am
139 Views
Post# 36352112

RE:RE:RE:RE:Cenovus

RE:RE:RE:RE:Cenovus `i'm pretty sure gear had drill up all their best land around Lloydminster.  I don't see cve wanting to add more cold heavy oil asset. they are short life and ROR is pretty slim. 
Maybe gear has some thermal HO lands (paradise hill) that cve could develop which gear doesn't has the fund or expertise to do it themselves.



ztransforms173 wrote:
 
meritmat - (12/8/2024 2:43:01 PM)
 
RE:RE:Cenovus
 
Dumb question but what could Gear have that Cve would want?

***

- LLYODMINSTER HEAVY crude oil

- it is CLOSE BY and it is the RIGHT kind of crude oil

- PRIME FEEDSTOCK for the CVE Refinery + Upgrader in the Llyodminster area {two DISTINCT facilities}

z173
 
meritmat - (12/8/2024 2:43:01 PM)
RE:RE:Cenovus
Dumb question but what could Gear have that Cve would want?


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