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Stock Market & Financial Investment News

News Breaks
June 2, 2014
17:57 EDTSU, NOANorth American Construction Group reports employee fatality
North American Construction Group regretfully reports that there has been an employee fatality at the company's designated work area within Suncor's (SU) oil sands site. North American Construction Group's Emergency Response personnel responded to the incident at approximately 10:00 AM this morning when an employee was severely injured while performing maintenance work on a piece of heavy equipment. The employee was immediately transported to Northern Lights Regional Health Centre where he was pronounced deceased. North American Construction Group is working with the appropriate authorities and will complete a full investigation into the cause of the incident.
News For NOA;SU From The Last 14 Days
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November 18, 2014
18:51 EDTSUSuncor sees FY15 CapEx $7.2B-$7.8B, FY15 avg production 540,000-585,000 BOE/d
Suncor Energy released its 2015 corporate guidance, which includes capital spending of between $7.2B-$7.8B and planned average production of 540,000-585,000 barrels of oil equivalent per day. Approximately 55% or up to $4.3B of the 2015 capital spend is expected to go towards growth projects with over $2B earmarked for the Oil Sands segment. About 45% or up to $3.5B of Suncor's 2015 capital spend is expected to be allocated towards sustaining capital investments focused on safe, reliable and efficient operations across the company's assets. Suncor also confirmed comments made in its Q3 release that total production for 2014 is anticipated to be in the low end of its annual guidance range, with Oil Sands operations production slightly below the lower end of the guidance range.

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