Cenovus Energy Inc. has entered into an agreement to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for cash proceeds of $1.3 billion. The sale is expected to close in the fourth quarter of this year, subject to customary closing conditions.
Operators have plenty to manage. Features that make a job simpler and more efficient are always welcome. Volvo Boom Float relieves pump pressure from the cylinder when lowering the boom, reallocating pressure appropriately for faster cycle times, more accurate grading and improved fuel efficiency. Watch for Boom Float operating tips.