November 15, 2017 / 5:25 PM / in a month

Canada's Cenovus has put some non-core deep basin assets for sale -new CEO

CALGARY, Nov 15 (Reuters) - Canadian oil producer Cenovus Energy inc has put a package of mainly non-core Deep Basin gas assets for sale, its new CEO Alex Pourbaix said in his first media briefing on Wednesday.

Cenovus has raised just under C$4 billion ($3.1 billion) of a targeted C$4 billion to C$5 billion to pay down debt it took for buying some of ConocoPhillips’ Canadian assets in March. Pourbaix took charge as the new CEO earlier this month. .

$1 = 1.2782 Canadian dollars Reporting by Ethan Lou; Editing by David Gregorio

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