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Home>Cenovus to Sell Royalty Business to Ontario Teachers' Pension Plan

Cenovus to Sell Royalty Business to Ontario Teachers' Pension Plan

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Tue, 30 Jun 2015

By Chelsey Dulaney Cenovus Energy Inc. on Tuesday said it agreed to sell its oil and gas royalty business to Ontario Teachers' Pension Plan for about 3.3 billion Canadian dollars (US$2.7 billion). The business, Heritage Royalty L.P., holds about 4.8 million acres of royalty interest and mineral fee
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