Cenovus Energy makes $700-million cut to 2015 spending budget

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http://i.cbc.ca/1.2461652.1386871631!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/cenovus-energy-agm-20130424.jpg Cenovus Energy Inc. has lowered its 2015 capital budget to between $1.8 billion and $2 billion, which is about $700 million less than the previous estimate and more than 15 per cent below last year's spending levels.


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