Acceleware Ltd V.AXE

AXE included in CVE's ESG portion of their Investor Days !

[Whampoa]

Along side other innovation partners

See slide 37
Sweet!

 

Slide 57

Accessing high-quality Narrows Lake reservoir with

~17 km steam pipeline

• Narrows Lake tie-back adds ~$1 billion net asset value

to Christina Lake at US$45 WTI scenario by accessing

better resource, with ~$250 million capital

I figure $250mm can buy a lot of RF XL instead



Slide 60

Current Spruce Lake development plan at Lloydminster
well length 800m

Hmm, just like our commercial pilot well length ......

[wealth2015]

I can only see AXE logo on slide 36, what do you see?

[Whampoa]

"what do you see?" Hum, well my six sense says I see .... 1)  the AXE brand being acknowledge by largest insitu oilsand producter.  May not have reached endorsement stage yet, perhaps next CVE investor day? 2)  the AXE brand, Acceleware’s RF XL is designed to become an electrification work-horse for the clean energy transition   ... hangon wait... that's

[energee]

Slide 37 of the Cenovus Investor day presentation includes the AXE logo. https://www.cenovus.com/invest/presentations-and-events.html