Cenovus Buys ConocoPhillips’s FCCL Stake And Deep Basin Assets Producing 120,000 Boe A Day

In a resounding vote of confidence in both the oilsands and liquids-rich natural gas, Cenovus Energy Inc. has agreed to pay $17.7 billion for ConocoPhillips Company’s oilsands assets and the majority of ConocoPhillips' s Deep Basin properties in Alberta and British Columbia.


Continue Reading.
Start a Free Trial

Canada’s most trusted and comprehensive source of oil and gas industry insight and intelligence.

Start a free trial Start your free trial

Enjoy a 14 day free trial and see the benefits:

  • 3X Daily News Briefs
  • Oilsands Data
  • Interactive Data Dashboards
  • Infographics
  • And more

Your company may have purchased an enterprise-wide subscription for the Daily Oil Bulletin.

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.