RE:RE:RE:RE:RE:Cenovus - 2024 GXE Annual Information Form RESERVES section SAYS OTHERWISE
- CVE does NOT NEED to MAKE MONEY on the GXE HEAVY OIL since they will NOT be SELLING IT
- they will USE it to BLEND IT with the other OLD HUSKY ENERGY HEAVY OIL + LLYODMINSTER THERMALS to FEED into the refinery and upgrader
- BUYING & DEVELOPING Gear Energy LLYODMINSTER properties is CHEAPER than BUILDING and PERMITTING a crude oil PIPELINE from their CORE SAGD SITES in Alberta to Llyodminster
- EX-CEO AP talked about this $ 250 million PROJECT and IT has NOW DISAPPEARED
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