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BRIEF-Cenovus Signs Rail Deals To Transport Oil To U.S. Gulf Coast

Published 2018-09-26, 05:22 p/m
© Reuters.  BRIEF-Cenovus Signs Rail Deals To Transport Oil To U.S. Gulf Coast
CVE
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Sept 26 (Reuters) - Cenovus Energy Inc CVE.TO :

* CENOVUS SIGNS RAIL DEALS TO TRANSPORT OIL TO U.S. GULF COAST

* CENOVUS ENERGY INC - CONTINUES DISCUSSIONS ABOUT EXPANDING OIL-BY-RAIL AGREEMENTS TO MOVE ADDITIONAL VOLUMES IF TERMS ARE FAVOURABLE

* CENOVUS ENERGY INC - HAS SIGNED THREE-YEAR DEALS WITH MAJOR RAIL COMPANIES

* CENOVUS ENERGY - DEALS TO TRANSPORT ABOUT 100,000 BBLS/D OF HEAVY CRUDE OIL FROM NORTHERN ALBERTA TO VARIOUS DESTINATIONS ON U.S. GULF COAST

* CENOVUS ENERGY INC - AGREEMENTS INVOLVE MOVING OIL WITH CN FROM CENOVUS'S BRUDERHEIM ENERGY TERMINAL STARTING IN Q4 OF 2018

* CENOVUS ENERGY - AGREEMENTS INVOLVE MOVING OIL WITH CP THROUGH USD PARTNERS' TERMINAL IN HARDISTY, ALBERTA STARTING IN Q2 NEXT YEAR

* CENOVUS ENERGY INC - RAIL STRATEGY PROVIDES A MEANS OF MITIGATING PRICE IMPACT OF PIPELINE CONGESTION

* CENOVUS ENERGY INC - EXPECTING ALL-IN COSTS TO TRANSPORT OIL FROM ALBERTA TO GULF COAST IN MID TO HIGH TEENS

* CENOVUS ENERGY INC - EXACT COMMERCIAL DETAILS OF AGREEMENTS ARE CONFIDENTIAL

* CENOVUS ENERGY INC - MOVING CRUDE BY RAIL IS PART OF A PORTFOLIO APPROACH WE TAKE TO TRANSPORTING PRODUCT TO MARKET

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