Thursday, March 30, 2017

Edmonton Journal 10 hrs · The deal is the latest sale of energy assets in Canada by international companies gravitating toward higher-profit drilling in U.S. shale basins.---------Julie Ali I am curious how Cenovus has so much cash in a recession where the oil industry is supposed to be hurting and where $30 million was just handed over by Ms. Notley to pay for oil and gas industry liabilities --the orphan well program. When will the GOA and federal government subsidize the people and not big oil? I guess never.----

The deal is the latest sale of energy assets in Canada by international companies gravitating toward higher-profit drilling in U.S. shale basins.
Cenovus Energy Inc. fell the most since its trading debut more than seven years ago after agreeing to buy Canadian oil assets from ConocoPhillips for $17.7 billion in a…
EDMONTONJOURNAL.COM
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Julie Ali I am curious how Cenovus has so much cash in a recession where the oil industry is supposed to be hurting and where $30 million was just handed over by Ms. Notley to pay for oil and gas industry liabilities --the orphan well program. When will the GOA and federal government subsidize the people and not big oil? I guess never.
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