Market Impact: Neutral. Cenovus announced Foster Creek production has returned to ~135 mbbl/d gross (67.5 mbbl/d net), the same production level as prior to the shutdown due to forest fires. This news was already expected, as Cenovus had reported earlier this week that operations were ramping up and expected to reach full capacity this week.

11 Jun 2015
FOSTER CREEK OPERATIONS BACK TO NORMAL

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FOSTER CREEK OPERATIONS BACK TO NORMAL
Cenovus Energy Inc. (CVE:TSE) | 0 0 (-5.3%) | Mkt Cap: 11,501m
- Published:
11 Jun 2015 -
Author:
Michael P. Dunn -
Pages:
2 -
Market Impact: Neutral. Cenovus announced Foster Creek production has returned to ~135 mbbl/d gross (67.5 mbbl/d net), the same production level as prior to the shutdown due to forest fires. This news was already expected, as Cenovus had reported earlier this week that operations were ramping up and expected to reach full capacity this week.