Cenovus sees 14 per cent production bump in 2013, to miss 2012 cash flow targets

CALGARY – Cenovus Energy Inc. expects to grow oil production by 14 per cent next year, mainly thanks to expansion at its Christina Lake oilsands project in northern Alberta.

Output is expected to range between 180,000 and 196,000 barrels of oil equivalent per day, compared with the rate of 165,000 Cenovus expects to end 2012 producing.

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