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Suncor Energy Inc 6-K, filed May 31, 2022

Suncor Energy Inc (SU)

6-K 2022-05-31 For: 2022-05-31
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Added on July 04, 2026

About this 6-K

Suncor Energy Inc filed this 6-K on May 31, 2022.

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, 2022 Commission File Number:  1-12384

SUNCOR ENERGYINC.

(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 31, 2022 “Shawn Poirier”
Shawn Poirier<br><br> <br>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, 2021 to December 31, 2021

Exhibit 99.1

Suncor Energy Inc. Extractive Sector Transparency Measures Act Report for the reporting year January 1, 2021 to December 31, 2021

GRAPHIC STATEMENT UNDER THE ACT RESPECTING TRANSPARENCY MEASURES<br>IN THE MINING, OIL AND GAS INDUSTRIES (s.1)<br><br><br><br><br>Fiscal year covered by the statement: from January 1, 2021 to December 31, 2021<br><br><br>Name of the entity filing the statement: Suncor Energy Inc.<br><br><br><br>Name(s) of the subsidiary or subsidiaries for which the entity files the statement, where applicable:<br><br>Petro-Canada Terra Nova Partnership; Petro-Canada Hibernia Partnership; Petro-Canada Hebron Partnership;<br>Canadian Oil Sands Partnership; Suncor Energy Oil Sands Limited Partnership; Suncor Energy Offshore Exploration<br>Partnership; Suncor Energy Ventures Partnership<br><br><br><br><br><br><br><br>CERTIFICATE<br>I certify that I have examined the information contained in the statement of<br>Suncor Energy Inc. for the fiscal year that began on January 1, 2021 and<br>ended on December 31, 2021 . To my knowledge and having exercised due diligence, the<br>information contained in the statement is, in all material respects for the purposes of the Act,<br>true, accurate and complete.<br><br><br>Full name of the officer or director: Alister Cowan<br><br><br>Title of position: Chief Financial Officer<br><br><br>Date: May 27, 2022<br><br><br><br> “Alister Cowan”
GRAPHIC Extractive Sector Transparency Measures Act - Annual Report<br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br>Reporting Entity Name<br><br>Suncor Energy Inc.<br>Reporting Year From 01/01/2021 To: 12/31/2021 Date submitted 05/30/2022<br><br>Reporting Entity ESTMA Identification Number<br><br>E405435<br><br>Original Submission<br><br>Amended Report<br><br>Other Subsidiaries Included<br>(optional field)<br><br><br><br><br>For Consolidated Reports - Subsidiary<br>Reporting Entities Included in Report:<br>Petro-Canada Terra Nova Partnership: E368056,<br>Petro-Canada Hibernia Partnership: E014222,<br>Petro-Canada Hebron Partnership: E294659,<br>Canadian Oil Sands Partnership: E984046,<br>Suncor Energy Oil Sands Limited Partnership: E761283,<br>Suncor Energy Offshore Exploration Partnership: E718793,<br>Suncor Energy Ventures Partnership: E895970<br><br><br>Not Substituted<br><br><br>Attestation by Reporting Entity<br><br><br>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.<br>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<br>the reporting year listed above.<br><br><br><br>Full Name of Director or Officer of Reporting Entity<br><br>Alister Cowan<br>Date<br><br>05/27/2022<br>Position Title Chief Financial Officer
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GRAPHIC Extractive Sector Transparency Measures Act - Annual Report<br>Reporting Year From: 01/01/2021 To: 12/31/2021<br>Reporting Entity Name Suncor Energy Inc. Currency of the<br>Report CAD<br>Reporting Entity ESTMA<br>Identification Number<br><br>E405435<br><br><br>Subsidiary Reporting Entities (if<br><br>Petro-Canada Terra Nova Partnership: E368056,<br>Petro-Canada Hibernia Partnership: E014222,<br>Petro-Canada Hebron Partnership: E294659,<br>Canadian Oil Sands Partnership: E984046,<br>Suncor Energy Oil Sands Limited Partnership: E761283,<br>Suncor Energy Offshore Exploration Partnership: E718793,<br>Suncor Energy Ventures Partnership: E895970<br>necessary)<br>Payments by<br>Payee<br>Country<br>Departments, Agency, etc…<br>Payee Name within Payee that Received<br>Payments2<br><br>Taxes<br><br>Royalties<br><br>Fees<br><br>Production<br>Entitlements<br><br>Dividends<br>Infrastructure<br>Improvement<br>Payments<br><br>Total Amount paid<br>Notes Bonuses to Payee<br><br>Canada<br><br>Government of Canada<br><br>82,550,000 37,240,000<br><br>740,000<br><br>-<br><br>-<br><br>-<br><br>-<br><br>120,530,000<br><br>Includes royalties that are remitted directly to the Canadian federal government that are then sent to the Government<br>of Newfoundland and Labrador for the Terra Nova, White Rose, Hebron and Hibernia Extension projects.<br>Canada Canada Newfoundland and Labrador Offshore Petroleum<br>Board - - 3,370,000 - - - - 3,370,000<br>Canada -Alberta Athabasca Chipewyan First Nation - - 8,780,000 - - - - 8,780,000 Canada -Alberta Fort Chipewyan Metis Local 125 - - 1,890,000 - - - - 1,890,000 Canada -Alberta Fort McKay First Nation - - 980,000 - - - - 980,000 Canada -Alberta Fort McKay Metis Community Association - - 2,440,000 - - - - 2,440,000 Canada -Alberta Fort McMurray #468 First Nation - - 2,280,000 - - - - 2,280,000 Canada -Alberta Fort McMurray Metis Local 1935 - - 1,040,000 - - - - 1,040,000 Canada -Alberta Government of Alberta 63,990,000 590,500,000 24,620,000 - - - - 679,110,000 Canada -Alberta Mikisew Cree First Nation - - 550,000 - - - - 550,000<br>Canada -Alberta Municipality of Wood Buffalo (Alberta) 47,430,000 - 130,000 - - - - 47,560,000<br>Canada -Alberta Chipewyan Prairie First Nation - - 1,070,000 - - - - 1,070,000 Canada -Alberta Willow Lake Metis Association - - 550,000 - - - - 550,000<br>Canada -Alberta Conklin Metis Local #193 - - 400,000 - - - - 400,000<br>Canada -Newfoundland and Labrador Government of Newfoundland and Labrador - 215,950,000 - - - - - 215,950,000 Includes royalties paid in relation to the Hibernia Base project.<br>Canada -Quebec Government of Quebec 40,000 - - - - - - 40,000<br><br><br>Libya<br><br><br>Government of Libya National Oil Corporation<br><br><br>103,180,000<br><br><br>244,610,000<br><br><br>-<br><br><br>-<br><br><br>830,000<br><br><br>-<br><br><br>-<br><br><br>348,620,000<br><br>Bonuses include social development payments as required by certain Exploration and Production Sharing<br>Agreements in Libya. Taxes & Royalties taken in kind and converted to cash basis using the same methodology (fair<br>market value) as Suncor Energy Inc.'s 2021 consolidated financial statements.<br>Translated using the financial year average foreign exchange rates: 1 USD : 1.2536 CAD.<br>Norway Government of Norway - - 130,000 - - - - 130,000 Translated using the financial year average foreign exchange rate: 1 NOK : 0.1459 CAD.<br>United Kingdom of Great Britain and<br>Northern Ireland<br>Her Majesty’s Government of the United Kingdom of Great Her Majesty's Revenue and<br>Britain and Northern Ireland Customs Cumbernauld 209,180,000 - - - - - - 209,180,000 Translated using the financial year average foreign exchange rate: 1 GBP : 1.7247 CAD.<br><br>Additional Notes:<br><br>- All payments are reported in Canadian dollars.<br>- All amounts have been rounded to the nearest $10,000 CAD.
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GRAPHIC Extractive Sector Transparency Measures Act - Annual Report<br>Reporting Year From: 01/01/2021 To: 12/31/2021<br><br>Reporting Entity Name Suncor Energy Inc. Currency of<br>the Report<br><br>CAD<br><br>Reporting Entity ESTMA<br>Identification<br>Number<br><br>E405435<br><br><br><br>Subsidiary Reporting Entities (if<br><br>Petro-Canada Terra Nova Partnership: E368056,<br>Petro-Canada Hibernia Partnership: E014222,<br>Petro-Canada Hebron Partnership: E294659,<br>Canadian Oil Sands Partnership: E984046,<br>Suncor Energy Oil Sands Limited Partnership: E761283,<br>Suncor Energy Offshore Exploration Partnership: E718793,<br>Suncor Energy Ventures Partnership: E895970<br>necessary)<br>Payments by Project<br><br>Country<br><br>Project Name Taxes<br><br>Royalties Fees<br><br>Production<br>Entitlements<br><br>Dividends<br>Infrastructure<br>Improvement<br>Payments<br><br>Total Amount paid<br>Notes Bonuses by Project<br><br>Canada -Alberta<br><br>Base Mine 18,660,000<br><br>201,230,000 9,270,000<br><br>-<br><br>-<br><br>-<br><br>-<br><br>229,160,000<br><br>Canada -Alberta Firebag 25,720,000 315,450,000 4,520,000 - - - - 345,690,000<br>Canada -Alberta MacKay River<br>3,000,000<br>73,810,000 2,050,000 - - - - 78,860,000<br>Canada -Newfoundland and Labrador Hebron - 8,640,000 - - - - - 8,640,000<br>Canada -Newfoundland and Labrador Hibernia - 226,970,000 - - - - - 226,970,000 Hibernia Base and Extension projects have been combined for the purposes of this report.<br>Canada -Newfoundland and Labrador Terra Nova - 8,240,000 3,370,000 - - - - 11,610,000<br>Canada -Newfoundland and Labrador White Rose - 9,350,000 - - - - - 9,350,000<br>Norway Norway - - 130,000 - - - - 130,000 Translated using the financial year average foreign exchange rate: 1 NOK : 0.1459 CAD.<br><br><br>Libya<br><br><br>Libya 103,180,000<br><br><br>244,610,000 -<br><br><br>-<br><br><br>830,000<br><br><br>-<br><br><br>-<br><br><br>348,620,000<br><br>Bonuses include social development payments as required by certain Exploration and Production Sharing<br>Agreements in Libya. Taxes & Royalties taken in kind and converted to cash basis using the same methodology<br>(fair market value) as Suncor Energy Inc.'s 2021 consolidated financial statements.<br>Translated using the financial year average foreign exchange rates: 1 USD : 1.2536 CAD.<br>United Kingdom of Great Britain and Northern<br>Ireland U.K. Oil & Gas Taxes 209,180,000 - - - - - - 209,180,000 Translated using the financial year average foreign exchange rate: 1 GBP : 1.7247 CAD.<br>Canada Other 50,000 - 29,620,000 - - - - 29,670,000 Includes Emerging properties in the Oil Sands business unit (Meadow Creek, Lewis, Frontier, Chard, Dover,<br>Gregoire, Tamarack and Voyageur) and North America Onshore in the Exploration and Production business unit.<br><br><br><br>Additional Notes:<br><br><br>- All payments are reported in Canadian dollars.<br>- All amounts have been rounded to the nearest $10,000 CAD.
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