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Surge Energy Inc Announces a $245 Million ($200 Million Net) Strategic Core Area Acquisition and Financings; Anticipated 14% Dividend Increase; Increased 2022 Production Rate Exit Guidance; and Preliminary 2023 Estimates

Surge Energy Inc Announces a $245 Million ($200 Million Net) Strategic Core Area Acquisition and Financings; Anticipated 14% Dividend Increase; Increased 2022 Production Rate Exit Guidance; and Preliminary 2023 Estimates
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Cenovus CEO takes aim at oil and gas critics

With oil and gas companies under increased scrutiny for how they choose to use their record-breaking profits in 2022, the chief executive of Cenovus Energy Inc. took aim at critics Wednesday by highlighting the billions of dollars the industry is expected to contribute in taxes and royalties this year.

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