2023-06-05 18:54:32 ET
Cenovus Energy ( NYSE: CVE ) said Monday it has restarted ~62K boe/day of production out of the 85K boe that had been affected by wildfires in Alberta last month.
Assuming current wildfire conditions continue, Cenovus ( CVE ) said it expects operations at Rainbow Lake, which represents ~20K boe/day, will return to production in 7-10 days, while another 3K boe/day remains offline awaiting power infrastructure to be rebuilt in various remote locations.
The company said its other assets, including its oil sands operations and Lloydminster complex, have not been affected
More on Cenovus Energy:
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Cenovus Energy restarts 62K boe/day production shut by wildfires