Natural Resources committee  We have two examples of actually lowering the steam-oil ratio. I referred earlier to wedge well. I believe we have about 36 of these wedge wells now working in Foster Creek. Each of these wedge wells is producing about 800 barrels per day of incremental oil with little or no in

Natural Resources committee  That's referring to two different things. We build our projects in increments of 30,000 to 40,000 barrels per day. With our well pads, which are four to six acres of surface footprint, seeing 185 acres underground, there would typically be about nine well pairs on one of those we

Natural Resources committee  If I understand the question correctly, I'm being asked whether we're paying a royalty to the aboriginal peoples. We pay a royalty to the province, which is the resource owner. We work closely with the aboriginal communities to make sure they share in the benefits associated wi

Natural Resources committee  Well, again, thanks to our commercial arrangement with ConocoPhillips, we've managed to expand our Foster Creek and Christina Lake operations perhaps more quickly than we could have alone, which has also provided economic benefits and jobs for Canadians.

Natural Resources committee  Well, Mr. Chairman, I can only speak on behalf of Cenovus. When we were considering this investment, we looked at the economics of refining and upgrading in Alberta and at existing refineries in the United States, and we found that the economics were better there. We also found

Natural Resources committee  I'm sorry, but I didn't get all of that, sir.

Natural Resources committee  Well, we do want aboriginal communities to share in the benefits of our operations, and sometimes that means helping them out. In the one example I referred to earlier, we started out at $177,000 a year. They're now at $12 million. We worked with them to help them build capacity.

Natural Resources committee  Cenovus is a Canadian oil sands company. We think we're very fortunate to be operating in Canada. If we had one piece of advice for anybody, it would be that there is some overlap of jurisdiction. The work the Energy Policy Institute of Canada is doing to define what a national e

Natural Resources committee  Thank you, Mr. Chair. I think a number of the panels that have reported recently have pointed out issues concerning monitoring. I think from Cenovus' perspective, we want to ensure that the communities where we live and work are better off, so we want to ensure that our operati

Natural Resources committee  Thank you. We're very interested in ensuring that aboriginal communities share in the benefits associated with our operations. I can't speak to specific commercial arrangements we've made with the first nations, but as I mentioned in my remarks, in 2009 we spent $187 million wit

Natural Resources committee  Thank you, Mr. Chair. Good afternoon, and thank you for the invitation to join you here today. My name is Jim Campbell, and I am vice-president for government affairs and corporate responsibility at Cenovus Energy Inc. I'm joined by Jon Mitchell, team lead, environmental policy

Natural Resources committee  My apologies, Mr. Chair.

Natural Resources committee  Cenovus is a Canadian oil company based in Calgary, Alberta. Our roots date to the 1880s, the earliest days of the oil and gas industry in western Canada. Today we have oil and natural gas production across Alberta and southern Saskatchewan; however, the growth of our business wi