(All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Jan 7, 2016) - Suncor Energy today reminded Canadian Oil Sands Ltd. ("COS") shareholders that its offer will expire at 6:00 p.m. MT (8:00 p.m. ET) on Friday, January 8, 2016. Suncor urges COS shareholders to tender their shares to receive a significant premium, a dividend increase and the value of becoming [...]
(All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Jan 5, 2016) - Suncor Energy will hold an investment community webcast / Q&A today at 7:30 a.m. MT (9:30 a.m. ET) to discuss the value of its offer to purchase all of the shares of Canadian Oil Sands Ltd. ("COS"). Canadian Oil Sands shareholders are encouraged to participate. To participate in the [...]
- Suncor urges COS shareholders to tender their shares immediately to protect the value of their investment - Suncor to host investment community webcast / Q&A tomorrow at 7:30 a.m. MT (9:30 a.m. ET) to discuss the value of its offer (All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Jan 4, 2016) - Suncor Energy today urged shareholders of [...]
COS shareholders must take action to protect the value of their investment (All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Dec 15, 2015) - Suncor Energy today announced that it is sending a letter to shareholders of Canadian Oil Sands Ltd. ("COS"). The letter outlines the value of Suncor's offer to purchase all of the shares of COS against the poor [...]
(All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Dec 3, 2015) - Suncor Energy today announced it has extended its offer to Canadian Oil Sands Ltd. ("COS") shareholders. Suncor will file a corresponding notice of extension to formally extend the expiry time of its offer to 6:00 p.m. MT (8:00 p.m. ET) on Friday, January 8, 2016. "Our offer is full and fair [...]
CALGARY, ALBERTA--(Marketwired - Nov 26, 2015) - Suncor Energy today posted documents on its offer web site which had been previously filed with the Alberta Securities Commission ("ASC"). The documents include written submissions and supporting material as to why Suncor believes the ASC should strike down a 120-day shareholder rights plan adopted by the Board of Canadian Oil Sands Ltd. ("COS"). The ASC's hearing on this [...]
(All financial figures are approximate and in Canadian dollars unless otherwise noted) CALGARY, ALBERTA--(Marketwired - Nov 17, 2015) - Suncor Energy released its 2016 corporate guidance today, which includes a flexible capital spending program of between $6.7 billion and $7.3 billion and average production of 525,000 to 565,000 barrels of oil equivalent per day. The guidance includes projected Suncor oil sands cash [...]
Suncor Energy's Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable December 24, 2015 to shareholders of record at the close of business on December 2, 2015. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing [...]
Suncor to file updated Offer disclosure in Notice of Variation and Change (All dollar amounts referenced are in Canadian dollars) CALGARY, ALBERTA--(Marketwired - Nov 12, 2015) - Suncor today announced that it is sending a letter to shareholders of Canadian Oil Sands Ltd. ("COS"). The letter explains why COS shareholders should disregard a recommendation from the Board of COS opposing Suncor's full and fair $4.7 billion [...]
CALGARY, ALBERTA--(Marketwired - Nov 9, 2015) - Suncor Energy today announced that it has successfully closed the previously announced purchase of an additional 10 per cent working interest in the Fort Hills oil sands project from Total E&P Canada Ltd. The acquisition of the additional working interest presents an opportunity for Suncor to lower its capital cost per barrel and enhance its projected return on the Fort [...]
(All dollar amounts referenced are in Canadian dollars) CALGARY, ALBERTA--(Marketwired - Nov 5, 2015) - Suncor Energy Inc. ("Suncor") has been informed that the Alberta Securities Commission ("ASC") will hold a hearing on November 26, 2015. The purpose of the hearing is to consider the new shareholder rights plan adopted by the Canadian Oil Sands Ltd. ("COS" TSX Symbol "COS") board of directors on October 6, 2015 in [...]
CALGARY, ALBERTA--(Marketwired - Oct 28, 2015) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a [...]