0001104659-18-036122.txt : 20180529 0001104659-18-036122.hdr.sgml : 20180529 20180529061108 ACCESSION NUMBER: 0001104659-18-036122 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20180523 FILED AS OF DATE: 20180529 DATE AS OF CHANGE: 20180529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNCOR ENERGY INC CENTRAL INDEX KEY: 0000311337 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12384 FILM NUMBER: 18862864 BUSINESS ADDRESS: STREET 1: P.O. BOX 2844 STREET 2: 150 - 6TH AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 3E3 BUSINESS PHONE: 403-296-8000 MAIL ADDRESS: STREET 1: P.O. BOX 2844 STREET 2: 150 - 6TH AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 3E3 FORMER COMPANY: FORMER CONFORMED NAME: SUNCOR INC DATE OF NAME CHANGE: 19970430 FORMER COMPANY: FORMER CONFORMED NAME: GREAT CANADIAN OIL SANDS & SUN OIL CO LTD DATE OF NAME CHANGE: 19791129 6-K 1 a18-12392_46k.htm 6-K

 

FORM 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.   20549

 

Report of Foreign Private Issuer

Pursuant to Rule 13a - 16 or 15d - 16 of

the Securities Exchange Act of 1934

 

 

 

For the month of: May, 2018                                                     Commission File Number: 1-12384

 

 

 

SUNCOR ENERGY INC.

(Name of registrant)

 

 

150 – 6th Avenue S.W.

P.O. Box 2844

Calgary, Alberta

Canada, T2P 3E3

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

 

 

Form 40-F

X

 

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  _______

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  _______

 



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

SUNCOR ENERGY INC.

 

 

 

 

 

 

Date:

 

By:

 

 

 

 

 

 

 

 

May 29, 2018

 

 

Shawn Poirier

 

 

 

 

Shawn Poirier

 

 

 

Assistant Corporate

 

 

 

Secretary

 



 

EXHIBIT INDEX

 

Exhibit

 

   Description of Exhibit

 

 

 

99.1

 

Suncor Energy Inc.
Extractive Sector Transparency Measures
Act Report for the reporting
year January 1, 2017 to
December 31, 2017

 


EX-99.1 2 a18-12392_4ex99d1.htm EX-99.1

 

EXHIBIT 99.1

 

Suncor Energy Inc. Extractive Sector Transparency Measures Act Report for the reporting year January 1, 2017 to December 31, 2017

 



 

Schedule 1

 

STATEMENT UNDER THE ACT RESPECTING TRANSPARENCY MEASURES IN THE MINING, OIL AND GAS INDUSTRIES
(s.1)

 

 

 

Fiscal year covered by the statement: from January 1, 2017 to December 31, 2017

 

Name of the entity filing the statement: Suncor Energy Inc.

 

Name(s) of the subsidiary or subsidiaries for which the entity files the statement, where applicable:

 

-                   Fort Hills Energy Ltd. Partnership

-                   Petro-Canada Terra Nova Partnership

-                   Petro-Canada Hibernia Partnership

-                   Petro-Canada Hebron Partnership

-                   Canadian Oil Sands Partnership

-                   Suncor Energy Oil Sands Limited Partnership

-                   Suncor Energy Offshore Exploration Partnership

-                   Suncor Energy Ventures Partnership

 

 

 

Certificate

 

I certify that I have examined the information contained in the statement of the Suncor Energy Inc. and the subsidiaries listed above for the fiscal year that began on January 1, 2017 and ended on December 31, 2017. To my knowledge and having exercised due diligence, the information contained in the statement is, in all material respect for the purposes of the Act, true, accurate and complete.

 

Full name of the officer or director: Alister Cowan

 

Title of position: Executive Vice President and Chief Financial Officer

 

 

 

Date:

May 23, 2018

 

 

 

 

“Alister Cowan”

 

Alister Cowan

Executive Vice President and Chief Financial Officer

 



 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name

Suncor Energy Inc.

Reporting Year

From 

1/1/2017

To: 

12/31/2017

Date submitted

5/24/2018

Reporting Entity ESTMA Identification Number

E405435

 

 

   Original Submission

 

   Amended Report

 

 

 

Other Subsidiaries Included
(optional field)

 

For Consolidated Reports - Subsidiary Reporting Entities Included in Report:

Fort Hills Energy Limited Partnership: E991999
Petro-Canada Terra Nova Partnership: E368056
Petro-Canada Hibernia Partnership: E014222
Petro-Canada Hebron Partnership: E294659
Canadian Oil Sands Partnership: E984046
Suncor Energy Oil Sands Limited Partnership: E761283
Suncor Energy Offshore Exploration Partnership: E718793
Suncor Energy Ventures Partnership: E895970

 

Not Substituted

 

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

 

 

 

 

 

 

 

 

 

Full Name of Director or Officer of Reporting Entity

Alister Cowan

Date

5/23/2018

Position Title

Executive Vice President and Chief Financial Officer

 

 



 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2017

To:

12/31/2017

 

 

 

 

 

 

 

Reporting Entity Name

Suncor Energy Inc.

Currency of the Report

CAD

 

 

 

 

Reporting Entity ESTMA Identification Number

E405435

 

 

 

 

 

 

Subsidiary Reporting Entities (if necessary)

Fort Hills Energy Limited Partnership: E991999
Petro-Canada Terra Nova Partnership: E368056
Petro-Canada Hibernia Partnership: E014222
Petro-Canada Hebron Partnership: E294659
Canadian Oil Sands Partnership: E984046
Suncor Energy Oil Sands Limited Partnership: E761283
Suncor Energy Offshore Exploration Partnership: E718793
Suncor Energy Ventures Partnership: E895970

 

 

 

 

 

 

Payments by Payee

Country

Payee Name

Departments, Agency, etc… within Payee
that Received Payments

Taxes

Royalties

Fees

Production
Entitlements

Bonuses

Dividends

Infrastructure
Improvement
Payments

Total Amount
paid to Payee

Notes

Canada

Government of Alberta

Safety Codes Council Alberta

-

-

30,000

-

-

-

-

30,000

 

Canada

Municipality of Wood Buffalo (Alberta)

 

108,110,000

-

-

-

-

-

-

108,110,000

 

Canada

Government of Alberta

 

10,000

-

8,930,000

-

-

-

-

8,940,000

 

Canada

Government of Alberta

Minister of Finance

-

-

3,430,000

-

-

-

-

3,430,000

 

Canada

Government of Alberta

PT-Mineral Revenue Account

-

122,450,000

-

-

-

-

-

122,450,000

 

Canada

The City of Calgary

 

1,280,000

-

-

-

-

-

-

1,280,000

 

Canada

Government of Alberta

Alberta Energy Regualtor

-

-

5,060,000

-

-

-

-

5,060,000

 

Canada

Government of Alberta

Alberta Environment & Parks

-

-

2,110,000

-

-

-

-

2,110,000

 

Canada

Federal Government of Canada

Canadian Nuclear Safety Commission

-

-

70,000

-

-

-

-

70,000

 

Canada

Federal Government of Canada

Natural Resources Canada

-

-

10,000

-

-

-

-

10,000

 

Canada

Federal Government of Canada

Receiver General For Canada

-

146,670,000

10,000

-

-

-

-

146,680,000

Includes royalties that are remitted directly to the Canadian federal government that are then sent to the Government of Newfoundland and Labrador for the Terra Nova, White Rose and Hibernia Extension projects.

Canada

Federal Government of Canada

Industry Canada

-

-

470,000

-

-

-

-

470,000

 

Canada

Federal Government of Canada

National Research Council Canada

-

-

70,000

-

-

-

-

70,000

 

Canada

Federal Government of Canada

Canada Revenue Agency

44,150,000

-

-

-

-

-

-

44,150,000

 

Canada

Government of British Columbia

Minister of Finance Surveyor of Taxes

150,000

-

-

-

-

-

-

150,000

 

Canada

Government of British Columbia

Mineral, Oil and Gas Revenue Branch

-

660,000

90,000

-

-

-

-

750,000

 

Canada

Government of British Columbia

BC Oil and Gas Commission

-

-

10,000

-

-

-

-

10,000

 

Canada

Government of British Columbia

Minister of Finance

-

-

90,000

-

-

-

-

90,000

 

Canada

Government of British Columbia

Ministry of Finance and Corporate Relations

-

-

80,000

-

-

-

-

80,000

 

Canada

Government of Newfoundland and Labrador

 

260,000

-

-

-

-

-

-

260,000

 

Canada

Canada Newfoundland and Labrador Offshore Petroleum Board

 

-

-

4,860,000

-

-

-

-

4,860,000

 

Canada

Government of Newfoundland and Labrador

Newfoundland Exchequer

-

135,230,000

-

-

-

-

-

135,230,000

Includes royalties paid in relation to the Hibernia Base project.

Canada

Federal Government of Canada

ST. John’s Port Authority

-

-

60,000

-

-

-

-

60,000

 

Canada

Athabasca Chipewyan First Nation

 

-

-

1,280,000

-

-

-

-

1,280,000

 

 



 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2017

To:

12/31/2017

 

 

 

 

 

 

 

Reporting Entity Name

Suncor Energy Inc.

Currency of the Report

CAD

 

 

 

 

Reporting Entity ESTMA Identification Number

E405435

 

 

 

 

 

 

Subsidiary Reporting Entities (if necessary)

Fort Hills Energy Limited Partnership: E991999
Petro-Canada Terra Nova Partnership: E368056
Petro-Canada Hibernia Partnership: E014222
Petro-Canada Hebron Partnership: E294659
Canadian Oil Sands Partnership: E984046
Suncor Energy Oil Sands Limited Partnership: E761283
Suncor Energy Offshore Exploration Partnership: E718793
Suncor Energy Ventures Partnership: E895970

 

 

 

 

 

 

Payments by Payee (continued)

Country

Payee Name

Departments, Agency, etc… within Payee
that Received Payments

Taxes

Royalties

Fees

Production
Entitlements

Bonuses

Dividends

Infrastructure
Improvement
Payments

Total Amount
paid to Payee

Notes

Canada

Fort McKay First Nation

 

-

-

1,170,000

-

-

-

-

1,170,000

 

Canada

Fort McMurray 468 First Nation

 

-

-

150,000

-

-

-

-

150,000

 

Canada

Mikisew Cree First Nation

 

-

-

150,000

-

-

-

-

150,000

 

United Kingdom of Great Britain and Northern Ireland

Her Majesty’s Government

Her Majesty’s Revenue and Customs Cumbernauld

515,090,000

-

-

-

-

-

-

515,090,000

Translated using the financial year average foreign exchange rate: 1 GBP : 1.6720 CAD

Libya

Government of Libya

National Oil Corporation

171,830,000

312,010,000

-

-

1,240,000

-

-

485,080,000

Bonuses include social development payments as required by certain Exploration and Production Sharing Agreements in Libya. Taxes & Royalties taken in kind and converted to cash basis using the same methodology (fair market value) as Suncor Energy Inc.’s 2017 consolidated financial statements.
Translated using the financial year average foreign exchange rates: 1 USD : 1.2986 CAD and 1 EUR : 1.4650 CAD.

Norway

Government of Norway

Skatteetaten

440,000

-

-

-

-

-

-

440,000

Translated using the financial year average foreign exchange rate: 1 NOK : 0.1570 CAD

Norway

Government of Norway

Oljedirektoratet

-

-

1,450,000

-

-

-

-

1,450,000

Translated using the financial year average foreign exchange rate: 1 NOK : 0.1570 CAD

 

 

 

 

 

 

 

 

 

 

 

 

Additional Notes:

1. All payments are reported in Canadian dollars.
2. All amounts have been rounded to the nearest $10,000 CAD

 

 



 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2017

To:

12/31/2017

 

 

 

 

 

 

Reporting Entity Name

Suncor Energy Inc.

Currency of the Report

CAD

 

 

 

Reporting Entity ESTMA Identification Number

E405435

 

 

 

 

 

Subsidiary Reporting Entities (if necessary)

Fort Hills Energy Limited Partnership: E991999
Petro-Canada Terra Nova Partnership: E368056
Petro-Canada Hibernia Partnership: E014222
Petro-Canada Hebron Partnership: E294659
Canadian Oil Sands Partnership: E984046
Suncor Energy Oil Sands Limited Partnership: E761283
Suncor Energy Offshore Exploration Partnership: E718793
Suncor Energy Ventures Partnership: E895970

 

 

 

 

 

Payments by Project

Country

Project Name

Taxes

Royalties

Fees

Production
Entitlements

Bonuses

Dividends

Infrastructure
Improvement
Payments

Total Amount paid
by Project

Notes

Canada

Hibernia

-

178,920,000

-

-

-

-

-

178,920,000

Hibernia Base and Extension projects have been combined for the purposes of this report.

Canada

Base Mine

38,480,000

75,520,000

6,110,000

-

-

-

-

120,110,000

 

Canada

Firebag

53,340,000

39,060,000

5,780,000

-

-

-

-

98,180,000

 

Canada

Terra Nova

-

75,590,000

4,930,000

-

-

-

-

80,520,000

 

Canada

White Rose

-

27,390,000

-

-

-

-

-

27,390,000

 

Canada

MacKay River

5,600,000

6,590,000

2,040,000

-

-

-

-

14,230,000

 

Canada

Other

160,000

1,630,000

5,130,000

-

-

-

-

6,920,000

Includes Emerging properties in the Oil Sands business unit (Meadow Creek, Dover, Lewis, Frontier, Thornbury and Chard) and North America Onshore in the Exploration and Production business unit.

Canada

Fort Hills

10,680,000

310,000

1,500,000

-

-

-

-

12,490,000

 

United Kingdom of Great Britain and Northern Ireland

U.K. Oil & Gas Taxes

515,090,000

-

-

-

-

-

-

515,090,000

Translated using the financial year average foreign exchange rate: 1 GBP : 1.6720 CAD

 



 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2017

To:

12/31/2017

 

 

 

 

 

 

Reporting Entity Name

Suncor Energy Inc.

Currency of the Report

CAD

 

 

 

Reporting Entity ESTMA Identification Number

E405435

 

 

 

 

 

Subsidiary Reporting Entities (if necessary)

Fort Hills Energy Limited Partnership: E991999
Petro-Canada Terra Nova Partnership: E368056
Petro-Canada Hibernia Partnership: E014222
Petro-Canada Hebron Partnership: E294659
Canadian Oil Sands Partnership: E984046
Suncor Energy Oil Sands Limited Partnership: E761283
Suncor Energy Offshore Exploration Partnership: E718793
Suncor Energy Ventures Partnership: E895970

 

 

 

 

 

Payments by Project (continued)

Country

Project Name

Taxes

Royalties

Fees

Production
Entitlements

Bonuses

Dividends

Infrastructure
Improvement
Payments

Total Amount paid
by Project

Notes

Libya

Libya

171,830,000

312,010,000

-

-

1,240,000

-

-

485,080,000

Bonuses include social development payments as required by certain Exploration and Production Sharing Agreements in Libya. Taxes & Royalties taken in kind and converted to cash basis using the same methodology (fair market value) as Suncor Energy Inc.’s 2017 consolidated financial statements.
Translated using the financial year average foreign exchange rates: 1 USD : 1.2986 CAD and 1 EUR : 1.4650 CAD.

Norway

Norway

440,000

-

1,450,000

-

-

-

-

1,890,000

Translated using the financial year average foreign exchange rate: 1 NOK : 0.1570 CAD

 

 

 

 

 

 

 

 

 

 

 

Additional Notes:

1. All payments are reported in Canadian dollars.
2. All amounts have been rounded to the nearest $10,000 CAD

 

 


GRAPHIC 3 g123924mm03i001.gif GRAPHIC begin 644 g123924mm03i001.gif M1TE&.#=A# , '< "'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "P M # , (8 2$A(,# P" @(! 0$K*RLC(R,I*2E<7%QQ<7%^?GYX>'AW M=W=\?'QA86%P<'!_?W]R1D9&;FYN, MC(RVMK:RLK*MK:VAH:&@H*"OKZ_6UM;:VMK;V]O/S\_" MPL+8V-C$Q,39V=G>WM[7U]?&QL;*RLK#P\/.SL[U]?7T]/3S\_/Y^?GW]_?V M]O;L[.SQ\?'M[>WR\O+JZNKX^/CZ^OK[^_OBXN+DY.3^_O[CX^/KZ^O___\! M @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! M @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! M @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! M @,! @,! @,! @,! @,! @,! @,! @,! @,! @,! @,'BX T-30V-# GRAPHIC 4 g123924mm03i002.gif GRAPHIC begin 644 g123924mm03i002.gif M1TE&.#=A# + '< "'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E "P M # + (5>7EY65E9\?'QY>7E]?7U[>WMD9&2-C8V4E)2&AH:#@X.*BHJ( MB(B+BXN.CHZ%A86DI*2@H*"PL+"JJJJYN;FNKJZCHZ.UM;6VMK:WM[>AH:&^ MOKZKJZNOKZ^MK:VSL[.FIJ;:VMK;V]O,S,S>WM[+R\O?W]_9V=GU]?7R\O+W M]_?]_?WGY^?L[.S\_/ST]/3HZ.C[^_OQ\?'S\_/Z^OKO[^_@X.#V]O;DY.3^ M_O[Y^?GAX>'JZNK___\! @,! @,&94!42K5BA40MURLE1,$."$@D(8G)4C.: M0K#J]5J B2M%HR"\Z-K"=G,-1FATQ;)Z,7!Q[Z710Q%(>3T8#CDQ"QF!&ALQ C.C8%(7$<#RI+/1T!)3LF'@8D-S,R,C$G'R @&#PJ*2E! #L! end