Deal Insight
Cenovus sells Tucker oil sands asset for Cdn$800 million
Report summary
Strathcona Resources is further consolidating its position in the Clearwater oil sands region, through the Cdn$800 million acquisition of Cenovus's Tucker thermal SAGD asset. This deal adds 20,000 b/d of bitumen production and is a logical addition to Strathcona's portfolio. The privately backed company has already acquired Lindbergh and Orion, with Orion located just east of Tucker. Strathcona will look to realise operational synergies to lower costs of the two fields. Cenovus ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 8 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil sands deals compared by consideration per production
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Sunrise
The Sunrise project (formerly part of the Kearl project) is located in the Athabasca oil sands region of Canada, 60 kilometres ...
$3,100
Asset Report
Cenovus Energy Saskatchewan
Cenovus Energy was formed through a corporate reorganisation of Encana, in which two separate companies were created. The split was ...
$3,100
Asset Report
Pacific Northwest British Columbia
PETRONAS' core position in BC is the North Montney joint venture, located northwest of Farrell Creek. The JV consists of five ...
$3,100
