Cenovus Energy (CVE) says it expects to hike oil production by 14% next year to 180K-196K...

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

Cenovus Energy (CVE) says it expects to hike oil production by 14% next year to 180K-196K bbl/day, thanks to a projected 60% rise in output at its Christina Lake oil sands project. Expects to invest $3.2-$3.6B in 2013, roughly equivalent to 2012's $3.3B-$3.4B. Anticipates total cash flow of $3.1B-$4B.