Cenovus Energy has agreed a deal to sell its natural gas and liquids business in Alberta for $475m. Price per flowing barrel of the project is $71,000. The Calgary-based company said it will pay $485m (£294m) for the assets of Canadian Natural Resources (CNR), which includes the Trans Mountain pipeline project.
Cenovus Energy has agreed a deal to sell its natural gas and liquids business in Alberta for $475m. The Calgary-based company said it will pay $485m (£294m) for the assets of Canadian Natural Resources (CNR), which includes the Trans Mountain pipeline project.