Cenovus Energy, Inc. engages in gas and oil provisions. Its activities include development, production, and marketing of crude oil, natural gas liquids, and natural gas in Canada. It operates through the following segments: Oil Sands, Conventional, Refining and Marketing; and Corporate and Eliminations. The Oil sands segment includes the development and production of bitumen and natural gas assets in northeast Alberta including Foster Creek, Christina Lake and Narrows Lake as well as projects in the early stages of development, such as Grand Rapids and Telephone Lake. The Conventional segment is the development and production of conventional crude oil, natural gas, and natural gas in Alberta and Saskatchewan which consists of heavy oil assets at Pelican Lake. The Refining and Marketing segment provides transportation, sale and refine services of crude oil into petroleum and chemical products. The Corporate and Eliminations segment refers primarily to unrealized gains and losses recorde