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Cenovus Energy
Cenovus Energy Inc. (pronounced se-nō-vus) is a Canadian integrated oil and natural gas company headquartered in Calgary, Alberta. Its offices are located at Brookfield Place, having completed a move from the neighbouring Bow in 2019. History Cenovus was formed in 2009 when Encana Corporation split into two distinct companies, with Cenovus becoming focused on oil sands assets. In 2017, Cenovus purchased ConocoPhillips' 50 percent share of their Foster Creek Christina Lake (FCCL) oil sands projects and most of their conventional assets in Alberta and British Columbia, including the Deep Basin. Cenovus completed the acquisition of Husky Energy for C$3.9 billion in stock in January 2021. The combined company is Canada’s third-largest crude oil and natural gas producer and the second-largest Canadian-based refiner and upgrader. Operations Oil sands Cenovus has four producing projects in the oil sands – Foster Creek, Christina Lake (Alberta), Sunrise (jointly owned wit ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ...
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Wood River Refinery
The Wood River Refinery is an oil refinery located in Roxana, Illinois, approximately north of St. Louis, Missouri, on the east side of the Mississippi River. The refinery is currently owned by Phillips 66 and Cenovus Energy and operated by the joint-venture companWRB Refining, LLC(WRB). WRB was formed on 1 July 2007, with Encana taking a 49% interest in Wood River and also Phillips 66's Borger refinery. Encana subsequently spun off oil sands producer Cenovus and ConocoPhillips spun off Phillips 66. In return for a 49% stake in the refinery, ConocoPhillips gained a joint interest in two Alberta oil sands (bitumen) heavy oil projects: Christina Lake (Alberta) and Foster Creek. ConocoPhillips’ interest was sold to Cenovus in May 2017, leaving Cenovus as the sole owner of the assets. The complex is capable of refining of crude oil per day. Oil is supplied from the GoM, Canada, and domestic sources through pipelines. The facility produces of gasoline along with of distilla ...
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Lloydminster, Saskatchewan
Lloydminster is a city in Canada which has the unusual geographic distinction of straddling the provincial border between Alberta and Saskatchewan. The city is incorporated by both provinces as a single city with a single municipal administration. Located in the heart of Treaty 6, Lloydminster is the traditional homeland of the Plains Cree, Wood Cree, Dene, Saulteaux and homeland of the Métis. History Intended to be an exclusively British utopian settlement centred on the idea of sobriety, Lloydminster was founded in 1903 by the Barr Colonists, who came directly from the United Kingdom. At a time when the area was still part of the North-West Territories, the town was located astride the Fourth Meridian of the Dominion Land Survey. This meridian was intended to coincide with the 110° west longitude, although the imperfect surveying methods of the time led to the surveyed meridian being placed a few hundred metres (yards) west of this longitude. The town was named for ...
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Lloydminster, Alberta
Lloydminster is a city in Canada which has the unusual geographic distinction of straddling the Provinces and territories of Canada, provincial border between Alberta and Saskatchewan. The city is incorporated by both provinces as a single city with a single municipal administration. Located in the heart of Treaty 6, Lloydminster is the traditional homeland of the Plains Cree people, Plains Cree, Wood Cree, Dene, Saulteaux and homeland of the Métis. History Intended to be an exclusively British utopian settlement centred on the idea of sobriety, Lloydminster was founded in 1903 by the Barr Colonists, who came directly from the United Kingdom. At a time when the area was still part of the Northwest Territories, North-West Territories, the town was located astride the Fourth Meridian of the Dominion Land Survey. This meridian was intended to coincide with the 110th meridian west, 110° west longitude, although the imperfect surveying methods of the time led to the surveyed ...
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Superior, Wisconsin
Superior (; ) is a city in Douglas County, Wisconsin, United States, and its county seat. The population was 26,751 at the 2020 United States census, 2020 census. Located at the western end of Lake Superior in northwestern Wisconsin, the city lies at the junction of U.S. Route 2 and U.S. Route 53 immediately north of, and adjacent to, both the Superior (village), Wisconsin, Village of Superior and the Superior (town), Wisconsin, Town of Superior. Bordered by Saint Louis, Superior, and Allouez bays, the city is framed by two rivers: the Nemadji River, Nemadji and the Saint Louis River (Lake Superior tributary), Saint Louis. Superior and the neighboring city across the bay, Duluth, Minnesota, form a single metropolitan area called the Twin Ports. They share a harbor that is one of the most important ports on the Great Lakes. Both cities feature museum ships ( in Duluth and in Superior), devoted to the local maritime heritage. Superior was the final port of call for before her si ...
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Lima, Ohio
Lima ( ) is a city in Allen County, Ohio, United States, and its county seat. As of the 2020 United States census, 2020 census, the city had a population of 35,579. It is located in northwest Ohio along Interstate 75 in Ohio, Interstate 75, approximately north of Dayton, Ohio, Dayton, southwest of Toledo, Ohio, Toledo, and southeast of Fort Wayne, Indiana. Lima was founded in 1831. The Lima Army Tank Plant, officially called the Joint Systems Manufacturing Center, built in 1941, is the sole producer of the M1 Abrams. It is the principal city of the Lima metropolitan area, Ohio, Lima metropolitan area, which had 102,000 residents in 2020 and is included in the Lima–Van Wert–Wapakoneta, OH, combined statistical area, Lima–Van Wert–Wapakoneta combined statistical area. History Establishment In the years after the American Revolution, the Shawnee were the most prominent residents of west central Ohio, growing in numbers and permanency after the 1794 Treaty of Greenville. ...
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Barrels Of Oil Equivalent
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (, or about ) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. The U.S. Energy Information Administration defines the barrel of oil equivalent as about . The value is necessarily approximate as various grades of oil and gas have slightly different heating values. If one considers the lower heating value instead of the higher heating value, the value for one BOE would be approximately 5.4 GJ (see tonne of oil equivalent). Typically is equivalent to one BOE. The United States Geological Survey gives a figure of of typical natural gas. Due to the risk of confusion The Society of Petroleum Engineers recommends in their style gu ...
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International Energy Agency
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organization, established in 1974, that provides policy recommendations, analysis and data on the global energy sector. The 31 member countries and 13 association countries of the IEA represent 75% of global energy demand. The IEA was set up under the framework of the Organisation for Economic Co-operation and Development (OECD) in the aftermath of the 1973 oil crisis to respond to physical disruptions in global oil supplies, provide data and statistics about the global Petroleum industry, oil market and Energy industry, energy sector, promote energy savings and conservation, and establish international technical collaboration. Since its founding, the IEA has also coordinated use of the oil reserves that its members are required to hold. By regularly underestimating the role of renewable energies and overestimating the growth of nuclear energy, the IEA promotes the nuclear industry. In subsequen ...
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Enhanced Oil Recovery
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted after primary and secondary recovery methods have been completely exhausted. Whereas primary and secondary recovery techniques rely on the pressure differential between the surface and the underground well, enhanced oil recovery functions by altering the physical or chemical properties of the oil itself in order to make it easier to extract. When EOR is used, 30% to 60% or more of a reservoir's oil can be extracted, compared to 20% to 40% using only Extraction of petroleum#Primary recovery, primary and Extraction of petroleum#Secondary recovery, secondary recovery. There are four main EOR techniques: carbon dioxide (CO2) injection, gas injection, thermal EOR, and chemical EOR. More advanced, speculative EOR techniques are sometimes called quaternary recovery. Carbon dioxide injection, known as CO2-EOR, is the most common method. In thi ...
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Saskatchewan
Saskatchewan is a Provinces and territories of Canada, province in Western Canada. It is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and to the south by the United States (Montana and North Dakota). Saskatchewan and neighbouring Alberta are the only landlocked provinces of Canada. In 2025, Saskatchewan's population was estimated at 1,250,909. Nearly 10% of Saskatchewan's total area of is fresh water, mostly rivers, reservoirs, and List of lakes in Saskatchewan, lakes. Residents live primarily in the southern prairie half of the province, while the northern half is mostly forested and sparsely populated. Roughly half live in the province's largest city, Saskatoon, or the provincial capital, Regina, Saskatchewan, Regina. Other notable cities include Prince Albert, Saskatchewan, Prince Albert, Moose Jaw, Yorkton, Swift Current, North Battleford, Estevan, Weyburn, Melfort, Saskatchewan, Melfort, ...
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Weyburn
Weyburn is the tenth-largest city in Saskatchewan, Canada. The city has a population of 11,019. It is on the Souris River southeast of the provincial capital of Regina, Saskatchewan, Regina and is north from the North Dakota border in the United States. The name is reputedly a corruption of the Scottish "wee burn," referring to a small creek. The city is surrounded by the Rural Municipality of Weyburn No. 67. History The Canadian Pacific Railway (CPR) reached the future site of Weyburn from Brandon, Manitoba in 1892 and the Soo Line Railroad, Soo Line from North Portal on the US border in 1893. A post office opened in 1895 and a land office in 1899 in anticipation of the land rush which soon ensued. In 1899, Knox Presbyterian Church was founded with its building constructed in 1906 in the high-pitched gable roof and arches, standing as a testimony to the faith and optimism in the Weyburn area. Weyburn was legally constituted a village in 1900, a town in 1903 and finally a ...
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