Sept 21 (Reuters) - Suncor Energy Inc SU.TO :
* To acquire additional working interest in fort hills oil sands project
* Deal for C$310 million
* Says Suncor acquires a further proportionate interest in fort hills related
logistics
* Upon closing, suncor's partnership share in the $15 billion project will
increase to 50.8 per cent
* Says fort hills is on track, with first oil expected in the fourth quarter of
2017
* Says as part of the transaction, Suncor acquires a further proportionate
interest in fort hills related logistics
* Co's incremental capital increase to fort hills is estimated at just over $1
billion of which about $700 million is remaining project spend
* Says suncor's 2015 annual corporate guidance remains unchanged
* For 2015, this further investment in fort hills can be absorbed within our
current capital spending guidance"
* Says Teck has agreed to waive its right of first refusal to purchase a
pro-rata share of the offering
* Agreed to purchase an additional 10 per cent working interest in the fort
hills oil sands project from total e&p Canada ltd.
* With completion,fort hills energy's partners to include Suncor (50.8 percent
interest),total e&p Canada (29.2 percent),teck resources (20 percent)
* Source text for Eikon ID:nCCN9wg5N4
* Further company coverage SU.TO