Cenovus Reaches Agreement To Sell Pipestone Business

Transaction Type

Sellers

Cenovus Energy Inc.

Buyers

Basin

Deep Basin

Announce Date

Thu, 08/09/2018 - 12:00 PM

Post Date

Aug 9, 2018

Estimated Price

625MM

Description

To acquire the Pipestone and Wembley natural gas and liquids business in NW Alberta. (Expected to close 3Q 2018)