TSX:CVEOil and Gas
Cenovus Christina Lake Redevelopment Targets Future Output And Valuation Upside
Cenovus Energy has started a redevelopment and expansion program at its Christina Lake oil sands project.
The plan uses new well designs and technology, with targeted higher production capacity around 2027 to 2028.
The move highlights a focus on core oil sands assets and potential future volumes from Christina Lake.
Cenovus Energy, traded as TSX:CVE, is putting fresh capital and engineering effort behind one of its key oil sands assets with the Christina Lake redevelopment. The company...