Cenovus Energy (CVE +2%) says the sale of some of its Saskatchewan oil properties put on the...

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

Cenovus Energy (CVE +2%) says the sale of some of its Saskatchewan oil properties put on the block earlier this year has been delayed by a "down draft" in Canada's capital markets. CVE, whose Q1 operating profit beat estimates with a 15% rise, says the smaller companies most likely to buy the assets are finding it difficult to find money to finance the purchase.