Cenovus's Christina Lake oilsands facility southeast of Fort McMurray, Alta. The company produced a record 832,900 barrels of oil equivalent per day last quarter.

Cenovus Energy CVE-T posted a rise in third-quarter profit on Friday, driven by record oil sands production and near-full refinery utilization that helped offset weaker crude prices .

U.S.-listed shares of the Canadian oil and gas producer rose 1.5 per cent in premarket trading.

The Calgary-based producer’s results come as it pursues a major expansion through its planned $8.6-billion acquisition of MEG Energy MEG-T .

A MEG shareholder vote on the deal was postponed this week to allow for additional regulatory disclosures.

Cenovus produced a record 832,900 barrels of oil equivalent per day (boepd) in the quarter, up

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