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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Suncor Acquires Canadian Oil Sands Ltd. in $4.6B Deal

Suncor Energy Inc. Canadian Oil Sands Limited
AnnouncedJan 19, 2016
TypeCorporate
LocationCanada Oil Sands
Announced Date
January 19,2016
Close Date
March 22,2016
Transaction Type
Corporate
Enterprise Value (EV)($MM)
6600




Snapshot
Proved Reserves

Location
Region
Canada

Country
Canada

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Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Closing Announcement - March 22, 2016

Suncor and Canadian Oil Sands Limited announced that Suncor's acquisition of COS has been completed following shareholder approval of an amalgamation agreement at a special meeting of COS shareholders this morning. Suncor, through a wholly owned subsidiary, acquired 76,752,122 COS shares (representing approximately 15.8 per cent of the outstanding COS shares) and now owns 484,614,325 COS shares (representing 100 per cent) of the issued and outstanding COS shares.

"Today marks the final step required to complete the COS acquisition," said Steve Williams…



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
Aug-01-2022 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

Price History



Date Deal Headline Price$/acre
Dec-15-2021 Tamarack to Acquire Crestwynd Exploration in $184.7MM Cash/Stock Deal - -
Mar-01-2021 Calima Energy to Acquire Blackspur Oil for C$60MM (Including $43MM in Debt) - -
Nov-09-2020 Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset - -