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  • Cenovus and Husky announce Court of Queen’s Bench approval of proposed business combination
    édité le 17/12/2020 - Plus de news de "Cenovus Energy" - Voir la fiche entreprise de "Cenovus Energy"


Cenovus and Husky announce Court of Queen’s Bench approval of proposed business combination
Cenovus Energy Inc. and Husky Energy Inc. are pleased to announce the Court of Queen’s Bench of Alberta has issued a final order approving the previously announced Plan of Arrangement to combine the two companies. The court’s approval follows separate votes held on December 15, 2020 in which Cenovus common shareholders and Husky common shareholders, optionholders and preferred shareholders supported the proposed transaction to combine the two companies into a resilient integrated energy leader.

Closing of the transaction remains subject to the receipt of all necessary regulatory approvals and to other customary closing conditions.

About Cenovus

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is a Canadian integrated oil and natural gas company. It is committed to maximizing value by sustainably developing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface using a technique called steam-assisted gravity drainage (SAGD). The company also has conventional crude oil, natural gas and natural gas liquids assets in Alberta and British Columbia as well as 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE and are listed on the Toronto and New York stock exchanges.

About Husky

Husky Energy (TSX: HSE) is a Canadian-based integrated energy company. It is headquartered in Calgary, Alberta, and its common shares are publicly traded on the Toronto Stock Exchange under the symbol HSE. The Company operates in Canada, the United States and the Asia Pacific region with two business segments. The Integrated Corridor includes bitumen from thermal projects in the Lloydminster area of Saskatchewan, along with the Tucker Thermal Project and the Sunrise Energy Project in Alberta, with production integrated into Husky’s downstream operations, which includes upgrading, refining and marketing of refined petroleum products. The Offshore business includes crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia.


Origine : Communiqué Cenovus Energy

Voir la fiche entreprise de "Cenovus Energy"



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