• Cenovus Energy Inc. ( TSE: CVE )

2021 Development Program Includes



Area

Category

2020

2021 Est. Initial
Updated
2021 Guidance
%Difference
(2020 vs 2021)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Production Daily Equivalent (boe/d)

 Click here for More Planned 2021 Activity

Permitting Activity


March 05,2020 : Cenovus Energy Inc. Permitted the CVE 9-36 HZ MARTENH 1-31-74-24 HORIZONTAL well in Marten Hills,AB :
February 07,2020 : Cenovus Energy Inc. Permitted the CVE GP3-1 FISHER 15-15-70-4 HORIZONTAL well in Fisher,AB :
February 05,2020 : Cenovus Energy Inc. Permitted the CVE M07P01 LEISMER 13-15-76-6 HORIZONTAL well in Leismer,AB :
February 04,2020 : Cenovus Energy Inc. Permitted the CVE M17P01 LEISMER 3-28-76-6 HORIZONTAL well in Leismer,AB :
January 27,2020 : Cenovus Energy Inc. Permitted the CVE 13-24 HZ MARTENH 5-26-74-25 HORIZONTAL well in Marten Hills,AB :
Click here for More Permits Activity

Latest News & Activity




Deals - Cenovus Energy Inc. Acquisitions


Announce Date Price($MM) Region/Basin Headline
Oct-25-2020 Canada  Cenovus Acquires Husky Energy in All-Stock Deal Worth $23.6B
Mar-29-2017 Canada  Conoco Sells Oil Sands & Deep Basin Assets For $13.3 Billion
Jun-04-2015 North America,Canada  Cenovus to Buy Rail Facility from Canexus
Total
More Deals...


Deals - Cenovus Energy Inc. Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
Nov-09-2020 Canada  Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset
Aug-09-2018 Canada  NuVista Acquires Montney Property From Cenovus for $625 Million
Nov-14-2017 Canada  Cenovus Sells EOR Assets For $941 Million
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Apr-05-2017 Debt Cenovus Eyes $2.9B from Debt Markets
Mar-04-2015 Equity-Stock-Sales Cenovus Raises Money for 2015 Capex
Feb-18-2015 Equity-Stock-Sales Cenovus Funding 2015 Drilling
Total
More Financing...


About


Cenovus Energy Inc, an integrated oil company, together with its subsidiaries, engages in the development, production, and marketing of bitumen, crude oil, natural gas, and natural gas liquids NGLs in Canada with refining operations in the United States The company?s Oil Sands segment owns and operates bitumen producing assets at Foster Creek and Christina Lake; heavy oil assets at Pelican Lake; new resource play assets, such as Narrows Lake, Grand Rapids, and Telephone Lake; and the Athabasca natural gas assets Its Conventional segment develops and produces conventional crude oil, natural gas, and NGLs in Alberta and Saskatchewan As of December 31, 2011, this segment had an established land position of approximately 53 million net acres, of which approximately 36 million net acres were developed The company?s Refining and Marketing segment refines crude oil products into petroleum and chemical products; and markets crude oil and natural gas, as well as engages in the purchase and sale of third-party products Cenovus Energy Inc is headquartered in Calgary, Canada

4000, 421-7th Avenue SouthWest
Calgary AB T2P 2V6
Phone Number
403 766 2000




 Drilling Activity ( Jan 2017 - Apr 2021)
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2021 Development Program Includes Click here for More Planned 2021 Activity    



Area

Category

2020

2021 Est. Initial
Updated
2021 Guidance
%Difference
(2020 vs 2021)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Production Daily Equivalent (boe/d)

 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
Nov-09-2020 Property Canada Oil Sands 
Aug-09-2018 Property Montney Shale 
Nov-14-2017 Asset Canada 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Oct-25-2020 Corporate Montney Shale,Canada Oil Sands,Deep Basin 
Mar-29-2017 Property Deep Basin,Canada Oil Sands 
Jun-04-2015 Asset Canada 
No Results found

Cenovus Cutting Further Costs, Employees

July 30,2015
The company is increasing its cost-cutting expectation for 2015 to ~$280 million, 40% higher than its initial target.

Cenovus Resumes Operations at Foster Creek

June 11,2015
Expects Q2 production to be reduced by ~10,500 bbls/d net due to the shutdown.

Cenovus Evacs Foster Creek Ahead of Wildfire

May 26,2015
The restart of the facility will be entirely dependent on the status of the forest fire.

Cenovus Energy Seeing Lower Oil Sands Operating Costs

April 29,2015
In the first quarter, oil sands operating expenses declined $4.99 per barrel (bbl), or 31%, compared with the same period in 2014.

Cenovus Funding 2015 Drilling

February 18,2015
Use the net proceeds to partially fund the company's $1.8 billion to $2.0 billion capex program for 2015.

Cenovus Cutting Costs, Relying on Strong Oil Sands Production

February 12,2015
Focusing on expansion projects at Foster Creek and Christina Lake.

50 Companies to Spend $35 Billion in Canada in 2015

February 05,2015
Canada's 2015 capital spend for E&P companies will be down by around 17% compared to the year previous.

Cenovus Scraps Conventional Drilling in 2015

January 28,2015
Suspension of bulk of the company's 2015 conventional drilling in southern Alberta and Saskatchewan.

Cenovus Living Within Cash Flow in 2015

December 11,2014
In 2015, Cenovus is planning capital investment of between $2.5 billion and $2.7 billion.

Diving Into Oil Sands: Cenovus' Telephone Lake Project

November 24,2014
What to expect from the development of this large scale oil sands project.  

Cenovus' Telephone Lake Oil Sands Project Approved

November 19,2014
Telephone Lake expected to have total production capacity in excess of 300,000 bbls/d.

Cenovus Energy Increases Oil Sands Production

October 23,2014
Oil sands operations averaged more than 250,000 bbls/d gross (125,000 bbls/d net) in the third quarter, up 23% from a year earlier. 

Cenovus Outlines Production at SAGD Projects, Plans for Expansion

April 30,2014
Cenovus is currently building its third major oil sands project at Narrows Lake.

Cenovus Production Up 20 Percent from Christina Lake SAGD

April 30,2014
Up 20% from a year earlier, primarily driven by the company's Christina Lake oil sands project.

Cenovus Approved for Grand Rapids Oil Sands Ops; Projects Growth

March 21,2014
Stratigraphic test well results have shown the reservoir to be very consistent, which Cenovus believes will provide predictable and reliable long-term production.