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Oil and Gas Energy News Update

Friday, August 19, 2011

Suncor Reviewing New U.S. Sanctions Against Syria

- Suncor Reviewing New U.S. Sanctions Against Syria



Aug 19, 2011

Suncor Energy (NYSE:SU) is reviewing new U.S. sanctions imposed on the Syrian government and a company spokesman said they would adhere to any that affect its otperations.

Suncor operates the $1.21 billion Ebla project there, which supplies natural gas to the domestic market.

Suncor Energy (NYSE:SU) has a potential upside of 71% based on a current price of $30.06 and an average consensus analyst price target of $51.39.

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