Suncor Energy Inc. (TSX:SU) and Teck Resources Limited (TSX:TECK.B) acquired an additional 3.15% working interest in Fort Hills Project from Total E&P Canada Ltd. for approximately CAD 430 million on December 21, 2017. Under the terms of the transaction, Suncor and Teck paid CAD 308 million and CAD 120 million respectively for the additional stake acquired. Post-acquisition, Suncor Energy Inc. share increased from 50.8% to 53.06%, Teck Resources Limited share increased from 20% to 20.89% and Total E&P Canada Ltd. share decreased from 29.2% to 26.05%.

Suncor Energy Inc. (TSX:SU) and Teck Resources Limited (TSX:TECK.B) completed the acquisition of an additional working interest in Fort Hills Project from Total E&P Canada Ltd. on December 21, 2017.