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Cenovus to Buy Athabasca Oil for C$5.7B, Betting on Oil Sands Scale
U.S. Equities2h ago
Cenovus to Buy Athabasca Oil for C$5.7B, Betting on Oil Sands Scale
Cenovus Energy agreed to acquire Athabasca Oil for C$12 per share, adding 45,000 barrels of daily production and targeting 115,000 BPD by 2032.