Cenovus Energy acquires additonal shares in MEG Energy

Core Viewpoint - Cenovus Energy has increased its investment in MEG Energy, now holding a 9.8% stake in the Canadian oil sands company [1] Group 1 - Cenovus Energy's acquisition of additional shares indicates a strategic move to strengthen its position in the oil sands sector [1] - The increase in stake reflects confidence in MEG Energy's operations and potential for growth within the Canadian oil market [1]