It’s likely CVE is looking to sell additional Deep Basin assets to shore up their balance sheet in 2018. Next asset traunch from rumblings I’ve heard is the remainder of Clearwater. I’ve also heard they plan to scrap a long term production growth plan and intend to consolidate their holdings in the most liquids rich areas in the Montney. Part of their rationale for the DB assets was they wanted a production hedge against propane/butane for Narrows SAP but that project has been deferred until 2022 or beyond.
Bumped from @QQOobHo-wrc for info.