Suncor Energy Sanctions Hebron Project

By Midnight Trader,  January 04, 2013, 04:15:51 PM EDT

Suncor Energy (SU.TO) today confirmed that the Hebron co-venturers officially sanctioned the Hebron project on December 31, 2012. Suncor holds a 22.729% interest in the project.

Hebron is an oil field located offshore Newfoundland and Labrador in the Jeanne d'Arc Basin 350 kilometres southeast of St. John's, the capital of Newfoundland and Labrador. The Hebron Project co-venturers (partners) are: ExxonMobil Canada Properties (operator), Chevron Canada Resources, Suncor Energy Inc., Statoil Canada and Nalcor Energy - Oil and Gas.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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