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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.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

Comment by ztransforms173on Dec 09, 2024 11:25am
219 Views
Post# 36352760

RE:RE:RE:RE:RE:Cenovus

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

z173


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