Tag Archives: Torxen Energy

Cenovus agrees to sell Saskatchewan enhanced oil recovery assets to Whitecap

CALGARY – Cenovus Energy Inc. (TSX:CVE) says it is selling its majority stake in a Saskatchewan enhanced-oil recovery project to Calgary-based Whitecap Resources Inc. (TSX:WCP) for $940 million. The deal is the last on a list of four asset sales the major oilsands producer vowed to complete to help pay for its $17.7-billion acquisition of [Read More…]

Source: BOE Report