2010 annual report (PDF)
FCCL /WRB Partnership Our business venture with ConocoPhillips provides integration of oil sands and refining operations. This venture provides Cenovus with a 50 percent interest in the Wood River (Illinois) and Borger (Texas) refineries; in return ConocoPhillips has a 50 percent interest in certain Cenovus oil sands properties, notably Foster Creek, Christina Lake and Narrows Lake. For additional information, see our MD&A.
Forward-looking information Our Annual Report contains forward-looking information about our strategy, milestones, goals, targets and future expectations. This forward-looking information is based on certain factors and assumptions and is subject to risks and uncertainties, some of which are specific to Cenovus and others that apply to the industry generally. For details about these factors, assumptions, risks and uncertainties, please refer to the Advisory section in our MD&A. All estimated timelines are subject to regulatory and/or partner approval. Readers are cautioned not to place undue reliance on forward-looking information as our actual results may differ materially from those expressed or implied. For an overview of our risk management, see the Risk Management section of our MD&A. Non-GAAP measures Our Annual Report contains references to certain financial measures which do not have a standardized meaning as prescribed by GAAP. A description of each non-GAAP measure, including a definition and reconciliation with GAAP measures, is included in our MD&A. Oil and Gas information Our Annual Report contains information about our reserves and our bitumen resources. For additional information about our reserves, contingent and prospective resources, see the Oil and Gas Reserves and Resources section of our MD&A and the Advisory section of our MD&A. For additional information about our total and discovered bitumen initially-in-place, see the Additional Advisory on page 132.
