Operator · Canada Oil Sands
Cenovus Energy Inc.
43 articles mentioning Cenovus Energy Inc. · Page 2 of 3
Cenovus Names New President and CEO
[Summary: Cenovus announced its appointment of Alex Pourbaix as President, CEO, and member of the Board of Directors. He will start in this role on November 6. He is replacing Brian Ferguson, who announced earlier this...
Cenovus Cuts $200MM from Capex; Outline Deep Basin Drilling Program
Cenovus reported its Q2 2017 results. Highlights include: Deep Basin Drilling Progam : Cenovus started development activities and began a disciplined 28 net well drilling program for 2017, focusing on horizontal production wells targeting liquids-rich natural...
Cenovus President & CEO Brian Ferguson to Retire
Cenovus President and CEO Brian Ferguson will be retiring as an officer and director of the company on October 31, 2017. Ferguson will continue in his roles leading the company and serving on the Board of...
Cenovus Boosts Spending Plans 24% for 2017 to $1.2-1.4 Billion
The 2017 budget includes capital to resume construction of the phase G expansion at Cenovus's Christina Lake oil sands project...
26 Canadian E&P's: 2016 Capex Plans
These 26 companies will remove $8 Billion from the E&P service sector in Canada.
Cenovus Cutting Further Costs, Employees
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
Expects Q2 production to be reduced by ~10,500 bbls/d net due to the shutdown.
Cenovus Evacs Foster Creek Ahead of Wildfire
The restart of the facility will be entirely dependent on the status of the forest fire.
Cenovus Reshuffles Key Executives
Four Cenovus executives have made the decision to retire.
Cenovus Energy Seeing Lower Oil Sands Operating Costs
In the first quarter, oil sands operating expenses declined $4.99 per barrel (bbl), or 31%, compared with the same period in 2014.
Cenovus Raises Money for 2015 Capex
Net proceeds from the Offering to partially fund the company's $1.8 billion to $2.0 billion capex program for 2015.
Cenovus Funding 2015 Drilling
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
Focusing on expansion projects at Foster Creek and Christina Lake.
50 Companies to Spend $35 Billion in Canada in 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
Suspension of bulk of the company's 2015 conventional drilling in southern Alberta and Saskatchewan.
Cenovus Living Within Cash Flow in 2015
In 2015, Cenovus is planning capital investment of between $2.5 billion and $2.7 billion.
Diving Into Oil Sands: Cenovus' Telephone Lake Project
What to expect from the development of this large scale oil sands project.
Cenovus' Telephone Lake Oil Sands Project Approved
Telephone Lake expected to have total production capacity in excess of 300,000 bbls/d.
Cenovus Energy Increases Oil Sands Production
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
Cenovus is currently building its third major oil sands project at Narrows Lake.