CALGARY, May 25, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake Air Weapons Range (CLAWR) in northeastern Alberta. The forest fire is currently burning about 25 kilometres south of Cenovus's Foster Creek facility. There has been no [...]
CALGARY, April 29, 2015 /CNW/ - Cenovus Energy Inc. (TSX, NYSE: CVE) announced that at its annual and special meeting of shareholders held on April 29, 2015, each of the 10 nominees proposed as directors and listed in its Management Proxy Circular dated March 6, 2015 were elected as directors. The detailed results of the vote are set out below. Nominee Votes For Votes Withheld Number Percent (%...
Oil sands per-unit operating costs decline 31% Combined oil sands production averaged more than 144,000 barrels per day (bbls/d) net in the first quarter, up 20% from the same period in 2014. Total oil production was more than 218,000 bbls/d, 11% higher than in 2014. Upstream per-unit operating costs declined 23%, including a 31% decrease in oil sands per-unit operating costs, compared with the first quarter of 2014 [...]
Annual and special meeting of shareholders to take place in Calgary CALGARY, April 22, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its first quarter 2015 results on Wednesday, April 29, 2015. The news release will provide consolidated first quarter 2015 operating and financial information. Financial statements will be available on the company's website, cenovus.com. A conference call and webcast [...]
A Share Issuance in the S&P/TSX Composite Index TORONTO, March 3, 2015 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: Cenovus Energy Inc. (TSX:CVE) has announced the closing of a prospectus offering of common shares. To reflect this share issuance, the relative weight of Cenovus will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60, 60 [...]
CALGARY, March 3, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) ("Cenovus") has closed its previously announced bought-deal common share financing. A total of 67.5 million common shares were sold at a price of $22.25 per share (the "Offering") for gross proceeds of approximately $1.5 billion. Cenovus intends to use the net proceeds from the Offering to partially fund the company's previously announced $1.8 [...]
CALGARY, ALBERTA--(Marketwired - Feb 17, 2015) - Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) ("Cenovus") announced today that it has entered into a bought-deal financing agreement to sell 67.5 million common shares ("Common Shares") at a price of $22.25 per share (the "Offering"). The net proceeds of the Offering, combined with the company's $3 billion of undrawn committed credit lines, provide Cenovus with a stronger balance [...]
CALGARY, Feb. 13, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today filed its audited Consolidated Financial Statements for the year ended December 31, 2014, as well as related Management's Discussion and Analysis, with Canadian securities regulatory authorities. Cenovus has also filed its Annual Information Form for the year ended December 31, 2014, which includes disclosure relating to reserves data and [...]
Proved bitumen reserves up 7% Combined oil sands production averaged more than 128,000 barrels per day (bbls/d) net in 2014, up 25% from 2013. Non-fuel operating costs per barrel at the company's oil sands projects declined 14% compared with the previous year. Total oil production averaged more than 203,000 bbls/d net, up 14% from 2013. Capital investment was $3.1 billion, 6% lower than in 2013. Cash flow was $3.5 [...]
LONDON, February 11, 2015 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Investor-Edge has initiated coverage on the following equities: Petroleo Brasileiro S.A. (NYSE: PBR), Royal Dutch Shell PLC (NYSE: RDS-A), Hess Corp. (NYSE: HES), Statoil A.S.A. (NYSE: STO), and Cenovus Energy Inc. (NYSE: CVE). Free research report on Petroleo Brasileiro can be accessed at [...]
CALGARY, Feb. 5, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its fourth quarter and year-end 2014 results on Thursday, February 12, 2015. The news release will provide consolidated fourth quarter and year-end 2014 operating and financial information. Financial statements will be available on the company's website, cenovus.com. A conference call and webcast to discuss the results will be held for [...]
CALGARY, Jan. 28, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is further reducing its 2015 capital spending in order to preserve cash and maintain the strength of its balance sheet. The company has identified approximately $700 million in additional capital expenditures originally planned for 2015 that can be deferred until crude oil prices recover. "We have great assets, we're in a strong financial position [...]
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