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5 headlines · 3 outlets · 2026-10-05 → 2026-10-05 · Wikipedia ↗ · 🔒 Follow
CALGARY — Cenovus Energy Inc. is adding to its already hefty steam-driven oilsands holdings with a $5.7-billion cash-and-stock deal to buy Athabasca Oil Corp.
Athabasca Oil has 40,000 barrels per day of oilsands production currently, but Cenovus Energy sees the opportunity to ratchet that up to 115,000 by 2032.
CALGARY — Cenovus Energy Inc. is adding to its already hefty steam-driven oilsands holdings with a $5.7-billion cash-and-stock deal to buy Athabasca Oil Corp.
CALGARY — Cenovus Energy Inc. has signed a deal to buy Athabasca Oil Corp. in a cash-and-stock deal valued at $5.7 billion.
