XML 115 R68.htm IDEA: XBRL DOCUMENT v3.24.1

Share Capital (Details) - Schedule of Weighted Average Assumptions Used in the Black-Scholes Option Pricing Model - Black Scholes Option Pricing Model [Member] - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share Capital (Details) - Schedule of Weighted Average Assumptions Used in the Black-Scholes Option Pricing Model [Line Items]
Quantity (in Shares)	1,066,500	263,500
Exercise Price	$ 3.91	$ 3.25
Share price	$ 3.2	$ 3.2
Discount Rate	4.19%	4.19%
Expected life (years)	2 years 3 months	2 years 3 months
Volatility	81.81%	81.81%
Fair value of finders’ warrants (CAD per option):	$ 1.38	$ 1.54

X

- Definition

Represent the per-share value of fair value of finders’ warrants.

+ References

No definition available.

+ Details

Name:	cve_FairValueOfFindersWarrants
Namespace Prefix:	cve_
Data Type:	dtr:perShareItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represent the share value of finder’s warrants.

+ References

No definition available.

+ Details

Name:	cve_FindersWarrantsExercisable
Namespace Prefix:	cve_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	cve_ShareCapitalDetailsScheduleofWeightedAverageAssumptionsUsedintheBlackScholesOptionPricingModelLineItems
Namespace Prefix:	cve_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represent the amount of discount rate.

+ References

No definition available.

+ Details

Name:	cve_WeightedAverageOfDiscountRates
Namespace Prefix:	cve_
Data Type:	dtr:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The expected volatility of the share price used to calculate the fair value of the share options granted. Expected volatility is a measure of the amount by which a price is expected to fluctuate during a period. The measure of volatility used in option pricing models is the annualised standard deviation of the continuously compounded rates of return on the share over a period of time.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2023-01-01
-Paragraph 47
-Subparagraph a
-Clause i
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_a_i&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The exercise price of share options granted.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2023-01-01
-Paragraph 47
-Subparagraph a
-Clause i
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_a_i&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_ExercisePriceShareOptionsGranted2019
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2023-01-01
-Paragraph 45
-Subparagraph d
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_d&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The weighted average share price. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2023-01-01
-Paragraph 45
-Subparagraph c
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_c&doctype=Standard
-URIDate 2023-03-23

+ Details

Name:	ifrs-full_WeightedAverageSharePrice2019
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=cve_BlackScholesOptionPricingModelMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: