Cenovus Energy Furthers Debt Goals with Nearly $660 Million in Asset Sales

Transaction Type
Buyers
Announce Date
Post Date
Estimated Price
CA$238.0MM
Description

To purchase Montney assets in Wembley part of Cenovus’ conventional business; total production averaged approximately 3,200 boe/d in 2021, with about 38% oil and NGL. (Expected to close in December)