Cenovus Energy (CVE) agrees to sell its Shaunavon tight oil asset in Saskatchewan to Surge...

|About: Cenovus Energy, Inc. (CVE)|By:, SA News Editor

Cenovus Energy (CVE) agrees to sell its Shaunavon tight oil asset in Saskatchewan to Surge Energy (ZPTAF.PK) for $240M. Shaunavon consists of 54 sections of land and produces ~3,600 bbl/day of oil. CVE says its Bakken Shale asset remains on the market.