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Stock Market & Financial Investment News

News Breaks
December 3, 2012
17:52 EDTSUSuncor provides FY13 production outlook
Sees FY13 oil sands production 350,00 bpd-380 bpd. Sees FY13 Syncrude production share 34,000 bpd-38,000 bpd. Sees FY13 North America Onshore production 41,000 boe/d-46,000 boe/d. Sees FY13 East Coast Canada production 55,000 bpd-60,000 bpd. Sees FY13 international production 90,000 boe/d-96,000 boe/d.
News For 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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