Suncor Energy Issues RMWB Operations Update

(RTTNews) - Suncor Energy Inc. (SU.TO, SU) provided the update regarding the situation in the Regional Municipality of Wood Buffalo or RMWB.

Suncor safely moved over 10,000 people, including employees, their families and Fort McMurray residents, out of the region; shut down its RMWB operations in a controlled manner to facilitate a quick and reliable start-up and worked with government to enhance fire protection measures in the region, including building firebreaks to protect people and assets.

Although the fire reached the southern end of itsmine at our oil sands base operations, fire mitigation efforts were successful. The company noted that it continues to monitor the situation closely and current weather conditions and forecasts indicate the fire is moving east, away from its operations.

There has been no damage to Suncor's assets. Suncor is beginning to implement its plan for a return to operations in the RMWB. Suncor anticipates it will commence its restart once it can do so safely and depending on the availability of critical third-party pipeline infrastructure.