Canadian oil producer Cenovus Energy inc has put a package of mainly non-core Deep Basin gas assets for sale, its new CEO Alex Pourbaix said in his first media briefing on Wednesday.
Cenovus has raised just under C$4 billion ($3.1 billion) of a targeted C$4 billion to C$5 billion to pay down debt it took for buying some of ConocoPhillips’ Canadian assets in March. Pourbaix took charge as the new CEO earlier this month.
More to come.