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Cenovus applies for Telephone Lake project

Cenovus is moving ahead with a new oil sands project north of the city.

The company has submitted applications for the new Telephone Lake SAG-D project, which could produce 45 thousand barrels per day.

The project is about 70 kilometres east of Fort McKay.

Cenovus says it will need to de-water a layer of about 150 metres.

Published April 10, 2012