Cenovus Energy Inc together with its subsidiaries develops produces and markets crude oil natural gas liquids and natural gas in Canada the United States and the Asia Pacific region The company operates through Oil Sands Conventional Offshore Canadian Manufacturing US Manufacturing and Retail segments The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan This segments Foster Creek Christina Lake Sunrise and Tucker oil sands projects as well as Lloydminster thermal and conventional heavy oil assets The Conventional segment holds assets primarily located in ElmworthWapiti KaybobEdson Clearwater and Rainbow Lake operating in Alberta and British Columbia as well as interests in various natural gas processing facilities The offshore segment engages in the exploration and development activities The Canadian Manufacturing segment includes the owned and operated Lloydminster upgrading and asphalt refining complex which upgrades heavy oil and bitumen into synthetic crude oil diesel fuel asphalt and other ancillary products as well as owns and operates the Bruderheim crudebyrail terminal and two ethanol plants The US Manufacturing segment comprises the refining of crude oil to produce diesel gasoline jet fuel asphalt and other products The Retail segment consists of marketing of its own and thirdparty refined petroleum products through retail commercial and bulk petroleum outlets as well as wholesale channels Cenovus Energy Inc was founded in 2009 and is headquartered in Calgary Canada