Cenovus Energy Inc. has returned to normal operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range led to the precautionary shutdown of the operation on May 23 for 11 full days.
'I'd like to commend everyone at Cenovus and externally who responded to the forest fire and helped keep our people and facilities safe,' said John Brannan, Cenovus Executive Vice-President & Chief Operating Officer. 'I was pleased with the strong coordination between our Cenovus teams, Alberta Agriculture and Forestry, and the Department of National Defence, in particular 4 Wing Cold Lake and CLAWR Range Control. I also want to thank our staff who worked safely and efficiently to get Foster Creek running again.'
Cenovus expects second-quarter production to be reduced by approximately 10,500 barrels per day (bbls/d) net due to the shutdown. For the full year, the production impact is estimated to be approximately 2,600 bbls/d net. Cenovus expects full-year production from Foster Creek to remain within its previously announced annual guidance of 62,000 bbls/d to 68,000 bbls/d net.
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Cenovus Energy Inc.
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