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Form 6-K SUNCOR ENERGY INC For: Jun 23

June 24, 2016 6:03 AM EDT

 

FORM 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.   20549

 

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

 

 

 

For the month of: June, 2016

 

Commission File Number: 1-12384

 

 

 

SUNCOR ENERGY INC.

(Name of registrant)

 

 

150 – 6th Avenue S.W.

P.O. Box 2844

Calgary, Alberta

Canada, T2P 3E3

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

 

 

 

 

Form 40-F

 

X

 

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):                    

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):                    

 



 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

SUNCOR ENERGY INC.

 

 

 

 

 

 

 

 

Date:

 

By:

 

 

 

 

 

 

 

 

 

June 23, 2016

 

 

Shawn Poirier

 

 

 

 

Shawn Poirier

 

 

 

Assistant Corporate

 

 

 

Secretary

 



 

EXHIBIT INDEX

 

Exhibit

 

Description of Exhibit

 

 

 

99.1

 

News Release dated June
23, 2016, Suncor Energy
closes purchase of
additional interest in
Syncrude

 


 

EXHIBIT 99.1

 

News Release dated June 23, 2016, Suncor Energy closes purchase of additional interest in Syncrude

 



 

News Release

 

 

 

 

FOR IMMEDIATE RELEASE

 

All financial figures are in Canadian dollars

 

Suncor Energy closes purchase of additional interest in Syncrude

 

Calgary, Alberta (June 23, 2016) Suncor today announced that it has closed the previously announced purchase of a five per cent interest in Syncrude from Murphy Oil Corporation’s Canadian subsidiary.

 

“The closing of this transaction further reinforces Suncor’s commitment to profitable growth and creating value for shareholders through strategic acquisitions,” said Steve Williams president and chief executive officer. “Despite speculative reports, there has been no change to Suncor’s strategy. We continue to focus on capital discipline as we evaluate value-added opportunities that are a good fit with our existing core business.”

 

The $937 million sale price is subject to closing adjustments typical of transactions of this nature and is based on an effective date of April 1, 2016. All necessary regulatory approvals were received. The acquisition will be funded from the proceeds of the previously announced $2.9 billion common share financing which closed on June 22, 2016.

 

Through this transaction Suncor’s share in the Syncrude joint venture has increased from 48.74 per cent to 53.74 per cent.

 

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 under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knights’ Global 100. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

30 –

 

For more information about Suncor, visit our web site at suncor.com, follow us on Twitter @SuncorEnergy or come and See what Yes can do.

 

 

Media inquiries:

403-296-4000

[email protected]

 

Investor inquiries:

800-558-9071

[email protected]

 

 

 

 

 

 

Suncor Energy

 

150 6 Avenue S.W. Calgary, Alberta T2P 3E3

 

suncor.com

 




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