The merged Cenovus Energy Inc. will remain headquartered in Alberta. Oil rig floorhands work on an oil rig at the Cenovus Energy Christina Lake Steam-Assisted Gravity Drainage project south of Fort McMurray, Alta. The combined Cenovus-Husky company will be the third-largest Canadian oil and natural gas producer, based on total company production, Cenovus says. The merger 'will enable us to deliver the full potential of this resilient new company,' Husky CEO Rob Peabody said in the statement. The combined company will be the third-largest Canadian oil and natural gas producer, based on total company production, Cenovus said.

Source: CBC News October 25, 2020 14:16 UTC