Cenovus Energy to invest up to $2.3 billion in 2011, with focus on oil growth

Cenovus Energy Inc. plans to invest as much as $2.3 billion in 2011, with about 90 per cent of that amount going toward oil projects and refinery operations.
About $750 million will be spent on the Foster Creek and Christina Lake projects, which are part of a joint-venture with U.S. energy giant ConocoPhillips, Cenovus said Thursday.
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Source:  Winnipeg Free Press