Cenovus Energy, Inc. (NYSE:CVE) Q3 2023 Earnings Call Transcript November 2, 2023 10:00 AM ET
Company Participants
Jason Abbate - SVP, Investor Relations
Jonathan McKenzie - President & CEO
Kam Sandhar - EVP, Strategy & Corporate Development
Keith Chiasson - EVP, Downstream
Drew Zieglgansberger - EVP of Natural Gas & Technical Services
Conference Call Participants
Dennis Fong - CIBC Wealth Markets
Neil Mehta - Goldman Sachs Group
Menno Hulshof - TD Securities
John Royall - JPMorgan Chase & Co.
Greg Pardy - RBC Capital Markets
Manav Gupta - UBS
Operator
Good day, ladies and gentlemen, and thank you for standing by. Welcome to Cenovus Energy's Third Quarter Results. As a reminder, today's call is being recorded. [Operator Instructions]. Please be advised that this conference call may not be recorded or rebroadcast without the expressed consent of Cenovus Energy.
I would now like to turn the conference call over to Mr. Jason Abbate, Senior Vice President, Investor Relations. Please go ahead, Mr. Abbate.
Jason Abbate
Thank you, operator, and welcome everyone to Cenovus’s 2023 third quarter results conference call. Please refer to the advisories located at the end of today’s news release. These describe the forward-looking information, non-GAAP measures and oil and gas terms referred to today. They also outline the risk factors and assumptions relevant to this discussion. Additional information is available in Cenovus’ annual MD&A and our most recent AIF and Form 40-F. All figures are presented in Canadian dollars and before royalties unless otherwise stated. We have also posted our results on our website at cenovus.com.
Jon McKenzie, our President and Chief Executive Officer will provide brief comments and then will take your questions. We ask that you hold off on any detailed modeling questions. You can follow-up with those directly with our Investor Relations team after the call. And please also keep to one question with a maximum of one follow-up. You're welcome to rejoin the queue for any other follow-up questions you may have.
Jon, please go ahead.
Jonathan McKenzie
Great, and thank you, Jason, and good morning everybody. I'll start this call with our top priority, which is always health and safety. At our offshore China operations, Liwan 3-1 recently achieved a significant milestone of producing 1 trillion standard cubic feet of natural gas sales with no serious incidents or safety events. This is truly an impressive record of safety, and the comprehensive pre-startup safety reviews conducted at our Toledo and Superior refineries resulted in strong process safety performance throughout the restart of these assets.