Cenovus Energy is selling Montney shale fm assets in the Pipestone region (NW Alberta) to NuVista Energy for CAD 625 million (USD 477 million). The liquids-rich natural gas tracts cover 130 net sq km and produce ca. 9,600 boe/d. The deal, which also includes the associated infrastructure, should close in Q3 â18.
NuVista Energy has agreed to acquire a general partnership with assets in the Pipestone region of north-west from Cenovus Energy for US$477 MM. 