Tag: Palliser

Cenovus reaches agreement to sell Palliser assets for $1.3 billion

Cenovus targeting $4 billion to $5 billion in asset sale agreements Cenovus Energy Inc. agreed to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for cash proceeds of $1.3 billion, according to a press release. The sale is expected to close in the fourth quarter of […]