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Suncor to take $80 million hit after Nova Scotia project found non-commercial

Cecilia Jamasmie | September 21, 2016 | 5:30 am Energy Canada Europe 

Suncor Energy Inc. (TSX:SU)(NYSE:SU), one of Canada’s largest oil companies, will write off its share of the cost the first exploration well in its Nova Scotia joint venture exploration project with Shell Canada, as it proved to be non-commercial. The Calgary-based...

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