Deal insight

Cenovus sells royalty subsidiary to Ontario Teachers' Pension Plan for US$2.6 billion

This report is currently unavailable

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

On 30 June 2015, Cenovus Energy announced it had entered into an agreement to sell its wholly-owned subsidiary, Heritage Royalty Limited Partnership, to Ontario Teachers' Pension Plan ('OTTP') for total consideration of Cdn$3.3 billion (US$2.6 billion). Assets in the transaction include royalty and mineral rights across 4.8 million acres across the Western Canadian Sedimentary Basin (WCSB) and gross overriding royalty interests (GORR) in Cenovus-operated oil projects Pelican ...

What's included

This report contains

  • Document

    Cenovus sells royalty subsidiary to Ontario Teachers' Pension Plan for US$2.6 billion

    PDF 8.05 MB

Table of contents

  • Executive summary
  • Transaction details
  • Deal analysis
    • Cenovus
    • Ontario Teachers' Pension Plan

Tables and charts

This report includes 4 images and tables including:

Images

  • Cenovus Crown and Freehold leases
  • Gearing ratios: Focused Canadian peer group

Tables

  • Transaction details: Table 1
  • Deal analysis: Table 1

You may be interested in

    
            
            
            
            
            
            
            
            
    

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898