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Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian
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A look at North American equities heading in both directions
The acquisition is for cash consideration of C$5.5 billion (U.S, $4.04 billion), with the potential for additional payments of up to an aggregate maximum of C$600 million ($440.62 million).
Suncor Energy agreed to purchase TotalEnergies’ Canadian operations through the acquisition of TotalEnergies EP Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project (Fort Hills) and a 50% working interest in the Surmont in situ asset. T his will add 135,000 barrels per...
Suncor Energy (TSX: SU) is taking full control of the Fort Hills oil sands project in the Fort McMurray region