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Suncor Energy closes purchase of TotalEnergies’ Canadian operations

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All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta–(Newsfile Corp. – November 20, 2023) – Suncor Energy (TSX: SU) (NYSE: SU) announced today it has closed the transaction to purchase TotalEnergies EP Canada Ltd., which includes the remaining 31.23% working interest in the Fort Hills Project. The $1.468 billion purchase price is

Suncor Energy to acquire TotalEnergies’ Canadian operations for $1.468 billion

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All financial figures are in Canadian dollars, unless noted otherwise Includes a 31.23% working interest in the Fort Hills project, with Suncor now owning 100% Adds 61,000 barrels per day of bitumen production capacity, 675 million barrels of 2P reserves Secures additional long-term bitumen supply to fill Suncor’s Base Plant upgraders Calgary, Alberta–(Newsfile Corp. –