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Suncor's attempt to dismantle Canadian Oil Sands takeover defence heads to ASC

2015-11-06 14:51:34| Oil & Gas - Topix.net

The battle between Suncor Energy Inc. and Canadian Oil Sands heads to the Alberta Securities Commission on Nov. 26. Suncor has asked the provincial regulator to dismantle one of the anti-takeover measures adopted by COS directors, so Canadian Oil Sands shareholders can decide for themselves whether to accept a deal announced on Oct. 5. Canadian Oil Sands says its board is actually attempting to defend its shareholders from a bidder with an unfair advantage because of it has access to private information about the Syncrude oil sands operations north of Fort McMurray, Alta. COS has a 37 per cent stake in Syncrude and Suncor has 12 per cent, so together they own just under half of the complex.

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Suncor And Canadian Oil Sands Square Off Over Takeout Bid

2015-10-21 10:32:11| Oil & Gas - Topix.net

On October 5, Suncor Energy announced a surprising hostile $4.3 billion offer for the outstanding shares of Canadian Oil Sands . Under its terms, a COS shareholder would receive .25 of a Suncor share for each COS share .

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Canadian Oil Sands asks shareholders to reject Suncor Energys $3.2bn offer

2015-10-20 01:00:00| Hydrocarbons Technology

Canadian Oil Sands (COS) has asked its shareholders to reject the C$4.3bn ($3.2bn) offer by Suncor Energy saying that the bid undervalues the company.

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Canadian Oil Sands rejects Suncor's $3.3-billion 'exploitive' hostile bid

2015-10-19 14:47:03| Oil & Gas - Topix.net

File photo of workers leaving the Suncor oil sands extraction facility near the town of Fort McMurray, Alta. File photo of workers leaving the Suncor oil sands extraction facility near the town of Fort McMurray, Alta.

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Report: Canadian Oil And Gas Operators Have Ample Opportunity To Reduce Methane Emissions

2015-10-09 03:50:58| pollutiononline Home Page

An independent analysis conducted by ICF International (ICF), a leading energy industry research firm, estimates that emissions of the potent greenhouse gas methane from the Canadian oil and gas sector can be reduced by 45 per cent below projected 2020 levels, all while using existing technologies

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