suffield

Swedish-owned Lundin Group closing purchase of Cenovus assets in Alberta on Jan. 5

Cenovus sold assets as part of de-leveraging plan after spending $17.4 billion to acquire ConocoPhillips oil sands, Deep Basin properties The sale of Cenovus Energy’s Suffield and Alderson oil and gas assets to International Petroleum Corp., a newly formed Canadian company owned by Sweden’s energy and mining conglomerate Lundin Group, is expected to close Friday, according to an […]

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Cenovus sells Suffield conventional oil/gas assets for over $500 million dollars

Swedish energy company International Petroleum Corporation has agreed to acquire 100 per cent ownership Cenovus Energy Inc. has agreed to sell its Suffield, AB and Alderson, AB crude oil and natural gas operations in southern Alberta to International Petroleum Corporation for gross cash proceeds of $512 million, according to a press release. Cenovus can also benefit

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