Suncor Energy Inc.

Suncor Energy Inc.

October 18, 2006 00:00 ET

Suncor leases space to house office overflow

400 employees to move into new building in the new year

Fort McMurray, Alberta (October 18, 2006) — Suncor Energy has secured space on the outskirts of Fort McMurray to help alleviate office overcrowding at the company's plant site.

Suncor has received a development permit from the Regional Municipality of Wood Buffalo to install offices in a newly leased building on Highway 63 North, across from the Tempo gas station and Suncor's diesel cardlock station. The building will provide additional office space for about 400 employees. The office location is expected to be temporary; permanent offices are expected to be constructed as part of Suncor's Voyageur upgrader project, which is currently in regulatory review.

The newly leased building requires significant renovations before employees can move in. Over the next few months the office space will be designed and the interior space constructed, with the move to the new facility expected to begin some time in the first quarter of 2007.  Suncor's community consultation office will also be moving into the new space from its current location in the River City Centre.

Suncor Energy Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor's oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel, while operations throughout western Canada produce natural gas. Suncor operates a refining and marketing business in Ontario with retail distribution under the Sunoco brand. U.S.A. downstream assets include pipeline and refining operations in Colorado and Wyoming and retail sales in the Denver area under the Phillips 66 brand. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

Suncor Energy (U.S.A.) Inc. is an authorized licensee of the Phillips 66® brand and marks in the state of Colorado. Sunoco in Canada is separate and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc. of Philadelphia.

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For more information, contact:
Brenda Erskine
(780) 743-6480