Bullboard - Stock Discussion Forum 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.... see more

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Strathcona Resources buys Cenovus Tucker

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Post by lowe0 on Dec 16, 2021 5:57pm

Strathcona Resources buys Cenovus Tucker

Yes Waterous has picked up another Thermal Operator in the Cold Lake area. This makes allot of sense for both Cenovus and Strathcona Resources.
Tucker production has peaked and is now in need to an investment of wells. Strathcona just purchased OSUM Orion this year and Pengowth Lindberg a couple years ago. Orionis just down the road from the Tucker project so I am sure there will be some efficiencies to be gained through the two operations.

Husky shipped to the Lloydminister upgrader and OSUM to IPL so Tucker may tie in to the IPL pump station which is close by to the Tucker project.

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