Cenovus Energy announced Tuesday it is looking to sell its interest in the Weyburn Unit. The announcement came as the company stated its intent to sell several properties to fund the purchase of assets from ConocoPhillips, and three weeks after Apache Energy announced it was selling its Midale Unit to Cardinal Energy.

Cenovus will be divesting their entire legacy conventional oil and gas portfolio. In addition to the stake in the Weyburn CO2 enhanced oil operation, they are also in the process of selling off their Pelican Lake, Suffield and Palliser assets.

The decision to make the sale came about after a change of focus brought about by the acquisition of the western Canadian assets from ConocoPhillips, Cenovus explained in a written response to an interview. The focus will now primarily bee on what they call growth platforms: oil sands, and deep basin assets in Alberta and British Columbia.

The sale is also needed to preserve the company’s financial standing by reducing debt position after the ConocoPhillips deal.

The Weyburn Unit of Cenovus was heavily involved in CO2 enhanced oil recovery, with Cenovus purchasing the carbon dioxide from SaskPower’s Carbon Capture and Storage facility at Boundary Dam. There is no word how this will be impacted by the sale.