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Stock Market & Financial Investment News

News Breaks
June 10, 2014
07:10 EDTSUSuncor upgraded to Buy from Hold at Stifel
Stifel upgraded Suncor to Buy based on expectations for improving 2H operating results, higher consensus estimates and increasing positive free cash-flow that could be used for further buybacks and or dividend growth. Price target is $48.
News For SU From The Last 14 Days
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July 21, 2015
07:46 EDTSUJacobs wins five year contract from Suncor
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July 14, 2015
18:47 EDTSUSuncor begins radio frequency pilot at Dover site
Suncor Energy (SU), along with its partners in the project, announced the first radio frequency pilot for oil recovery within an in situ reservoir. The technology, Enhanced Solvent Extraction Incorporating Electromagnetic Heating, uses radio frequency to heat the reservoir and adds a solvent which facilitates the movement of the bitumen to the surface. The ESEIEH project partners are Devon (DVN), Nexen Energy ULC (NXY), Suncor, Harris Corporation, with funding in part from the Climate Change and Emissions Management Corporation. The technology will be tested at Suncor's Dover test site, north of Fort McMurray, Alta. The group has been collaborating on this technology since 2011 with initial physical testing of the technology in 2012 at Suncor's Steepbank mine facility. Testing will now begin at an in situ reservoir for approximately 24 months.

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