SU Suncor Energy Inc

Canada

1-12384

98-0343201

(State or other jurisdiction of

(Commission file number)

(I.R.S. Employer Identification No.)

incorporation or organization)

Exhibit

Title

2.01

​

Interactive Data File (Form SD for the year ended December 31, 2023 filed in XBRL).

99.1

​

Suncor Energy Inc. Extractive Sector Transparency Measures Act – Annual Report for the year ended December 31, 2023.

99.2

​

Fort Hills Energy Limited Partnership Extractive Sector Transparency Measures Act – Annual Report for the year ended December 31, 2023.

99.3

​

Syncrude Canada Ltd. Extractive Sector Transparency Measures Act – Annual Report for the year ended December 31, 2023.

Date: September 23, 2024

SUNCOR ENERGY INC.

​

/s/ Shawn Poirier

​

Shawn Poirier

Assistant Corporate Secretary

​

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name

Suncor Energy Inc.

Reporting Year

From

1/1/2023

To:

12/31/2023

Date submitted

5/28/2024

Reporting Entity ESTMA Identification Number

E405435

◉ Original Submission

​

​

○ Amended Report

​

​

Other Subsidiaries Included
(optional field)

​

​

For Consolidated Reports - Subsidiary Reporting Entities Included in Report:

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

Kris Smith

Date

5/27/2024

​

Position Title

Chief Financial Officer

​

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

Suncor Energy Inc.

Currency of the Report

CAD

Reporting Entity ESTMA Identification Number

E405435

Subsidiary Reporting Entities (if necessary)

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 Name¹

Departments, Agency, etc… within Payee that Received Payments²

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes³⁴

Canada

Government of Canada

1,490,070,000

38,400,000

310,000

-

-

-

-

1,528,780,000

Canada

Canada Newfoundland and Labrador Offshore Petroleum Board

-

-

4,540,000

-

-

-

-

4,540,000

Canada -Alberta

Athabasca Chipewyan First Nation

-

-

1,860,000

-

-

-

-

1,860,000

Canada -Alberta

Fort Chipewyan Metis Local 125

-

-

670,000

-

-

-

-

670,000

Canada -Alberta

Fort McKay First Nation

-

-

4,460,000

-

-

-

-

4,460,000

Canada -Alberta

Fort McKay Metis Community Association

-

-

400,000

-

-

-

-

400,000

Canada -Alberta

Fort McMurray #468 First Nation

-

-

170,000

-

-

-

-

170,000

Canada -Alberta

Fort McMurray Metis Local 1935

-

-

140,000

-

-

-

-

140,000

Canada -Alberta

Province of Alberta

704,650,000

1,652,510,000

30,850,000

-

-

-

-

2,388,010,000

Canada -Alberta

Mikisew Cree First Nation

-

-

800,000

-

-

-

-

800,000

Canada -Alberta

Municipality of Wood Buffalo

46,380,000

-

60,000

-

-

-

-

46,440,000

Canada -Alberta

Chipewyan Prairie First Nation

-

-

170,000

-

-

-

-

170,000

Canada -Alberta

Willow Lake Metis Association

-

-

140,000

-

-

-

-

140,000

Canada -Alberta

Conklin Metis Local #193

-

-

140,000

-

-

-

-

140,000

Canada -Newfoundland and Labrador

Province of Newfoundland and Labrador

-

192,800,000

-

-

-

-

-

192,800,000

Includes royalties paid in relation to the Hibernia Base, Hibernia Extenstion, Terra Nova, White Rose and Hebron projects.

Canada -Quebec

Province of Quebec

116,790,000

-

-

-

-

-

-

116,790,000

Libya

Government of Libya

National Oil Corporation

247,250,000

282,010,000

-

-

-

-

-

529,260,000

Taxes & Royalties taken in kind and converted to cash basis using the same methodology (fair market value) as Suncor Energy Inc.'s 2023 consolidated financial statements.
Translated using the financial year average foreign exchange rates: 1 USD : 1.3497 CAD.

United Kingdom of Great Britain and Northern Ireland

Her Majesty’s Government of the United Kingdom of Great Britain and Northern Ireland

Her Majesty's Revenue and Customs Cumbernauld

216,360,000

-

-

-

-

-

-

216,360,000

Translated using the financial year average foreign exchange rate: 1 GBP : 1.6784 CAD.

Additional Notes:

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

¹ Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).

² Optional field.

³ When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

⁴ Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

Suncor Energy Inc.

Currency of the Report

CAD

Reporting Entity ESTMA Identification Number

E405435

Subsidiary Reporting Entities (if necessary)

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 Name¹

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes²³

Canada -Alberta

Base Mine

16,840,000

372,120,000

12,390,000

-

-

-

-

401,350,000

Canada -Alberta

Firebag

25,920,000

1,157,810,000

5,640,000

-

-

-

-

1,189,370,000

Canada -Alberta

MacKay River

3,000,000

122,580,000

2,950,000

-

-

-

-

128,530,000

Canada -Newfoundland and Labrador

Hebron

-

48,310,000

-

-

-

-

-

48,310,000

Canada -Newfoundland and Labrador

Hibernia

-

175,460,000

-

-

-

-

-

175,460,000

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

Canada -Newfoundland and Labrador

Terra Nova

-

210,000

4,540,000

-

-

-

-

4,750,000

Canada -Newfoundland and Labrador

White Rose

-

7,220,000

-

-

-

-

-

7,220,000

Libya

Libya

247,250,000

282,010,000

-

-

-

-

-

529,260,000

Taxes & Royalties taken in kind and converted to cash basis using the same methodology (fair market value) as Suncor Energy Inc.'s 2023 consolidated financial statements.
Translated using the financial year average foreign exchange rates: 1 USD : 1.3497 CAD.

United Kingdom of Great Britain and Northern Ireland

U.K. Oil & Gas Taxes

216,360,000

-

-

-

-

-

-

216,360,000

Translated using the financial year average foreign exchange rate: 1 GBP : 1.6784 CAD.

Canada

Other

620,000

-

19,190,000

-

-

-

-

19,810,000

Includes Emerging properties in the Oil Sands business unit (Meadow Creek, Lewis, Voyageur, Chard, Dover, and Polaris)

Additional Notes³:

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

1 Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the "Payments by Project" table.

2 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

3 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the "Additional Notes" row or the "Notes" column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

Extractive Sector Transparency Measures Act - Annual Report

​

Reporting Entity Name

Fort Hills Energy Limited Partnership

Reporting Year

From

1/1/2023

To:

12/31/2023

Date submitted

5/28/2024

Reporting Entity ESTMA Identification Number

E991999

◉ Original Submission

○ Amended Report

Other Subsidiaries Included
(optional field)

Not Consolidated

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

Kris Smith

Date

5/27/2024

Position Title

Chief Financial Officer

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

Fort Hills Energy Limited Partnership

Currency of the Report

CAD

Reporting Entity ESTMA Identification Number

E991999

Subsidiary Reporting Entities (if necessary)

Payments by Payee

Country

Payee Name¹

Departments, Agency, etc… within Payee that Received Payments²

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes³⁴

Canada

Government of Canada

-

-

180,000

-

-

-

-

180,000

Canada -Alberta

Province of Alberta

-

212,390,000

13,650,000

-

-

-

-

226,040,000

Canada -Alberta

Municipality of Wood Buffalo

63,760,000

-

-

-

-

-

-

63,760,000

Canada -Alberta

Athabasca Chipewyan First Nation

170,000

170,000

Additional Notes:

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

¹ Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).

² Optional field.

³ When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

⁴ Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

Fort Hills Energy Limited Partnership

Currency of the Report

CAD

Reporting Entity ESTMA Identification Number

E991999

Subsidiary Reporting Entities (if necessary)

Payments by Project

Country

Project Name¹

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes²³

Canada -Alberta

Fort Hills

63,760,000

212,390,000

14,000,000

-

-

-

-

290,150,000

Additional Notes³:

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

1 Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the "Payments by Project" table.

2 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

3 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the "Additional Notes" row or the "Notes" column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

Extractive Sector Transparency Measures Act - Annual Report

Reporting Entity Name

Syncrude Canada Ltd

Reporting Year

From

1/1/2023

To:

12/31/2023

Date submitted

5/28/2024

Reporting Entity ESTMA Identification Number

E953333

◉ Original Submission

​

​

○ Amended Report

​

​

Other Subsidiaries Included
(optional field)

​

​

For Consolidated Reports - Subsidiary Reporting Entities Included in Report:

​

​

​

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

Kris Smith

Date

5/27/2024

​

Position Title

Chief Financial Officer

​

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

Syncrude Canada Ltd

Currency of the Report

CAD

Reporting Entity ESTMA Identification Number

E953333

Subsidiary Reporting Entities (if necessary)

Payments by Payee

Country

Payee Name¹

Departments, Agency, etc… within Payee that Received Payments²

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes³⁴

Canada -Alberta

Province of Alberta

1,235,830,000

12,590,000

760,000

1,249,180,000

Bonus payments include social payments expressly required in a legal agreement.

Canada -Alberta

Municipality of Wood Buffalo

59,070,000

59,070,000

Canada -Alberta

Fort McKay First Nation

110,000

1,160,000

1,270,000

Canada -Alberta

Athabasca Chipewyan First Nation

330,000

330,000

Canada -Alberta

Fort McKay Metis Community Association

100,000

100,000

Canada -Alberta

Fort McMurray 468 First Nation

130,000

130,000

Canada -Alberta

Mikisew Cree First Nation

2,580,000

2,580,000

Canada -Alberta

Chipewyan Prairie Dene First Nation

100,000

100,000

Additional Notes:

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

1 Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).

2 Optional field.

3 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

4 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

Syncrude Canada Ltd

Currency of the Report

CAD

Reporting Entity ESTMA Identification Number

E953333

Subsidiary Reporting Entities (if necessary)

Payments by Project

Country

Project Name¹

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes²³

Canada -Alberta

Syncrude Project

59,180,000

1,235,830,000

16,990,000

-

760,000

-

-

1,312,760,000

Additional Notes³:

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

1 Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the "Payments by Project" table.

2 When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

3 Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the "Additional Notes" row or the "Notes" column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.