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Cenovus, Husky take oil price drop in stride, stress flexibility is key

2014-10-24 02:25:32| Energy - Topix.net

Executives with two big Canadian oil companies are taking recent oil price weakness in stride, signalling no immediate plans to throttle back spending, but ensuring they have the flexibility to do so if needed. Cenovus Energy Inc. and Husky Energy Inc. are both in the midst of finalizing their capital budgets in 2015, with details set to be unveiled in December.

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