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BRIEF-Cenovus defers maintenance at Foster Creek oil sands project

Published 2016-02-11, 12:00 p/m
© Reuters.  BRIEF-Cenovus defers maintenance at Foster Creek oil sands project
CVE
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Feb 11 (Reuters) - Cenovus Energy Inc CVE.TO
* Says will probably look at doing deferred maintenance at
Foster Creek oil sands project in spring next year
* Says has ongoing divestiture program in place for parts of
non-core conventional oil business
* Says workforce reductions over course of 2015 were
approximately 24 percent or 1500 people
* Expects 10 percent year-over-year decline in conventional
oil production volumes due to lower spending and divestitures

Source text for Eikon: ID:
Further company coverage: CVE.TO

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