Cenovus to sell Palliser assets to Schlumberger, Torxen for C$1.3B [Seeking Alpha]
Schlumberger N.V. (SLB)
Last schlumberger n.v. earnings: 4/17 06:50 am
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Cenovus to sell Palliser assets to Schlumberger, Torxen for C$1.3BCenovus Energy (NYSE:CVE)agrees to sell its Palliser crude oil and natural gas assets in Alberta to Torxen Energy and Schlumberger (NYSE:SLB) for C$1.3B (US$1.04B).CVE says proceeds from the sale, the sale of its Pelican Lake assets and the recently announced Suffield asset sale will help pay down the debt it accumulated to partly fund its C$16.8B purchase of ConocoPhillips assets in May.CVE says it continues to target $4B-$5B in announced asset sale agreements by year-end.Now read:Cenovus Energy: Easier Than Taking Candy From A Baby »
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SLB
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SLB
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- 4/3/24 - Form 8-K
- 4/3/24 - Form 8-K/A
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