Megadeal shakes up oil sandsTransaction worth C$17.7B to double Cenovus production, also adds natural gas; Conoco freed to pursue Eagle Ford, Permian interests Gary Park For Petroleum News
The unparalleled shuffle of oil sands assets in Alberta has made another leap forward with a blockbuster sale of ConocoPhillips holdings to its upstream partner Cenovus, fueling the debate over winners and losers.
The C$17.7 billion deal, including C$14.1 billion in cash and the transfer of 208 mil....
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Immediate impact Cenovus investors not ecstatic Conoco tightens Eagle Ford grip
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