Thread regarding Cenovus Energy layoffs

Non-core asset sales

Which assets are non-core? Retail? Cold/EOR? Conventional?

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| 2296 views | | 8 replies (last January 31, 2021) | Reply
Post ID: @OP+1985mBEk

8 replies (most recent on top)

Cold & EOR assets dont make money

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Post ID: @3ieu+1985mBEk

Read the publicly disclosed Financials... of you spent time doing that instead of whining on the internet you would know...

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Post ID: @2xfz+1985mBEk

Haha... probably only thing that is core is realestate, CVE has lots of that

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Post ID: @1owr+1985mBEk

White Rose. Statoil would be a likely buyer.

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Post ID: @1ylz+1985mBEk

There’s no buyers as companies are trying to stay afloat.

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Post ID: @1tvd+1985mBEk

Pretty much all of the Husky Assets are non core except that refinery in Wisconsin that they burned to the ground and the upgrader in Lloyd. All of their staff as well.

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Post ID: @1wmh+1985mBEk

Employees.

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Post ID: @fcr+1985mBEk

I suspect that everything will be broken up and sold for pieces.

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Post ID: @xdz+1985mBEk

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