Nov 17 (Reuters) - Suncor Energy Inc SU.TO :
* Announces 2016 capital spending program and production outlook
* Guidance includes a flexible capital spending program of between $6.7 billion
and $7.3 billion
* Sees 2016 average production of 525,000 to 565,000 barrels of oil equivalent
per day
* Sees 2016 Suncor total production 525,000 - 565,000 boe/d
* Says "our oil sands production is expected to be slightly reduced in 2016,
versus 2015"
* About 55 per cent of 2016 capital spending program allocated towards growth
projects, vast majority of which are in upstream segment
* Projects Suncor Oil sands cash operating costs per barrel (excluding
syncrude)(1) of $27.00 to $30.00 in 2016
* Sees FY capital expenditures exclude capitalized interest of $600 million -
$700 million
* Source text for Eikon ID:nMKW0Twvza
* Further company coverage SU.TO