Pipelines, energy and natural resources

[Czech_pivo]

This is what I believe to be the first opening moves on some consolidation and some re-org/freeing up of some assets for what is coming over the next 4-7yrs.

Both of these events where announced today.

https://www.cbc.ca/news/canada/newfoundland-labrador/suncor-ithaca-nl-oilfields-9.7369186

Suncor selling off stakes in N.L.’s Terra Nova, White Rose and West White Rose for $1.2B​

Company says its keeping interest in Hebron and Hibernia​

https://www.cbc.ca/news/canada/calgary/cenovus-energy-athabasca-oil-9.7369384

Cenovus Energy signs deal to buy Athabasca Oil in deal valued at $5.7 billion​

Company says deal to add 45,000 barrels of oil equivalent per day of production​