Current CNQ Stock Info

Canadian Natural Resources Limited (ticker: CNQ) has entered into an agreement to acquire heavy oil assets in the Greater Pelican Lake region and other miscellaneous assets in northern Alberta from Cenovus Energy Inc. (ticker: CVE), for gross cash consideration of $975 million.

Source: Cenovus Energy

The assets generate production of approximately 19,600 BOEPD, Canadian Natural Resources said in a press release.

Cenovus plans to use proceeds from the sale against the $3.6 billion asset-sale bridge facility put in place to help fund Cen...


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