Cenovus Energy’s capital spending budget down 19% for 2016

Dec
10
2015

Cenovus Energy Inc., Calgary, expects to invest $1.4-1.6 billion in 2016. While allowing for the planned completion of well-advanced oil sands growth projects next year, the planned budget represents a 19% decrease in capital spending compared with total forecast spending for 2015.

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Source: Oil Gas Journal

  

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