Oil and Gas 360


ESG Takes Center Stage at The EnerCom Dallas Energy Investment & ESG Conference April 6-7

Editor’s Note: Suncor Energy (NYSE: SU) is Canada’s leading integrated energy company working together with stakeholders to responsibly supply the energy needs of today and working toward sustainable solution for the future.

EnerCom Dallas Presenter Update: Suncor Energy to accelerate decarbonization with carbon capture technology - oil and gas 360

Source: Reuters

Suncor Energy will be presenting at The EnerCom Dallas Energy Investment & ESG Conference April 6-7, 2021. EnerCom Dallas is a financial conference that provides institutional investors an early 2021 opportunity to meet CEOs from leading independent E&Ps, including some of the industry’s leading Permian, Eagle Ford, Marcellus, Utica and Canadian producers, and the oilfield service companies supporting them, and hear them discuss their ESG strategies and plans to drive development, fund operations, and return value to shareholders in 2021.

Other presenting companies at the conference include Lonestar Resources (NASDAQ: LONE); NuVista Energy Ltd. (TSE: NVA); HighPeak Energy (NASDAQ: HPK); Range Resources (NYSE: RRC); GeoPark (NYSE: GPRK); Goodrich Petroleum (NYSEAMERICAN: GDP); PetroTal Corp. (CVE: TAL); Talos Energy (NYSE: TALO); Northern Oil and Gas (NYSEAMERICAN: NOG) and more.

As energy stocks recover from their 52-week lows, due to lower demand in 2020 from the COVID pandemic, shares have rebounded as crude oil prices rise and demand across the world grows. The energy sector offers excellent value-oriented additions to a stock portfolio as producers increase free cash flow and lower debt levels.  Learn more about these companies, and many more, at EnerCom’s hybrid event, with in person presentations on April 6th and virtual presentations on April 7th.  Qualified investors can register for free to attend The EnerCom Dallas Energy Investment & ESG Conference HERE.

EnerCom is confirming additional companies to the lineup daily. The complete daily schedule of presenters will be posted shortly on the website (presenters, days, times are subject to change). The conference investor presentations begin at 8:00 a.m. CT and run through 4:30 p.m. CT on April 6-7, 2021.

EnerCom Dallas Presenter Update: Suncor Energy to accelerate decarbonization with carbon capture technology.- oil and gas 360

Suncor Energy invests in carbon capture technology company

  • Svante Series D Funding boosted to $100 Million
  • Additional $25M Funding brings Suncor Energy as new strategic investor

VANCOUVER, British Columbia and CALGARY, Alberta, March 18, 2021 (GLOBE NEWSWIRE) — Suncor and Svante Inc. today announced an equity financing agreement which provides Svante with the additional growth capital to accelerate the commercialization of Svante’s novel second generation COcapture technology in North America for the decarbonization of industrial emissions and hydrogen production.

Combined, Suncor and a number of family office investors have invested $25 million USD of equity financing, bringing the total proceeds raised under Svante’s Series D financing to $100 million USD, up from $75 million as announced on February 2nd, 2021, and completing the largest single private investment into point source carbon capture technology globally to date.

This final closing of the Series D financing includes Canadian energy company, Suncor Energy, and Carbon Direct SPV I LLC. Existing investors Temasek, Chart Industries, Carbon Direct, OGCI Climate Investments, BDC Cleantech Practice, Chevron Technology Ventures, The Roda Group, Chrysalix Venture Capital and Export Development Canada (EDC) also participated in the Series D round, reflecting strong on-going support for the Company, including its market strategy and recent progress.

Svante has now attracted more than $175 million USD in total funding since it was founded in 2007 to develop and commercialize its breakthrough solid sorbent technology at half the capital cost of traditional engineered solutions.

“Svante has generated a pipeline of potential new project opportunities capturing over 40 million tonnes of CO2 per year before 2030 from natural gas industrial boilers, cement and lime, and blue hydrogen industrial facilities, mainly in North America and spurred by both US and Canada federal COtax credits and prices on COemissions. The net-zero pledges of major countries and large corporations is also a key driver for the interest and rapid growth of the carbon capture and storage new industry,” said Claude Letourneau, President & CEO of Svante Inc. “We strive to create world-changing solutions that address climate change and accelerate the global transition to carbon neutrality, reversing human impact on the climate and building a commercially viable CO2 marketplace.”

According to Mark Little, President & CEO of Suncor, “Carbon Capture is a strategic technology area for Suncor to reduce GHG emissions in our base business and produce blue hydrogen as an energy product. An investment in Svante is expected to support the acceleration of commercial scale deployment of a technology that has the potential to dramatically reduce the cost associated with carbon capture. We are excited to become both an investor in and a collaborative partner with the company.”

“We are pleased to partner with a leading Canadian player in the energy industry, along-side existing investor Cenovus, and to benefit not only from their financial support but also their commitment to deliver low-carbon fuels and blue hydrogen to transform the energy system,” said Claude Letourneau.

Supporting Svante with the transaction were financial advisors Fort Capital Partners and Full Circle Capital, and legal counsel Blake, Cassels & Graydon LLP.

About Svante
Svante offers companies in emissions-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2 directly from industrial sources at less than half the capital cost of existing solutions, Svante makes industrial-scale carbon capture a reality. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu and CEO of OGCI Climate Investments Pratima Rangarajan. To learn more about Svante’s technology, click here or visit Svante’s website at www.svanteinc.com. You can also connect with us on LinkedIn or Twitter @svantesolutions.

About Suncor Energy
Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources, while also growing a renewable energy portfolio and advancing the transition to a low-carbon future. Suncor is listed on the UN Global Compact 100 stock index. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges. For more information about Suncor, visit our web site at suncor.com, follow us on Twitter @Suncor.

Suncor: Legal Advisory – Forward Looking Information
This news release contains certain forward-looking statements within the meaning of applicable Canadian and U.S. securities laws. Some of the forward-looking statements may be identified by words like “expected”, “potential” and similar expressions. Forward-looking statements are based on information available at the time the statement was made. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied by its forward-looking statements. Suncor’s most recently filed Management’s Discussion & Analysis and other documents Suncor files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein. Except as required by applicable securities laws, Suncor disclaims any intention or obligation to publicly update or revise any forward-looking statements.

Svante Contact:                                                               Suncor Contacts

Julia McKenna (media)                                                 Media inquiries

[email protected]                                            +1 (833) 296 4570

+1 (778) 985 5722                                                            Investor inquiries

[email protected]

+1 (800) 558 9071

 Registration for EnerCom Dallas is now open

Buyside professionals and oil and gas company executives may register for the event, at no cost, through the conference website.

The EnerCom Dallas conference follows EnerCom’s familiar 25-minute CEO presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meeting opportunities for buyside investors to meet company management teams, networking opportunities and global insight delivered by leading energy economists and strategists.  The event also provides energy industry professionals a venue to learn about important energy topics affecting the global oil and gas industry. The conference offers healthy dialogue and informal networking opportunities for attendees and presenters.

Conference Details: Modeled after EnerCom’s The Oil & Gas Conference® in Denver, EnerCom Dallas offers investment professionals a unique opportunity to listen to oil and gas company senior management teams update investors on their operational and financial strategies and learn how the leading energy companies are building value in 2021.  This event will be hosted in a hybrid format (in person and online).  We want to take the first steps of safely bringing the industry together in person while maintaining optionality for participants to join the discussion virtually depending on everyone’s unique situation.

Conference Dates:  April 6 and 7, 2021

Venue:  Dallas Petroleum Club (and webcast live) on April 6, 2021.  Fully online on 7, 2021.

Public and Private Company Presenters: EnerCom Dallas will feature both public and private companies headquartered in Canada and the U.S. with operations across the most active and prolific oil and gas regions and the globe.

Who Attends the Conference: Institutional and hedge fund investors, private equity investors, energy research analysts, broker/dealers, trust officers, high net worth investors, commercial energy bankers and other energy industry professionals will gather in Dallas for the conference.

One-on-One Meetings: EnerCom works in advance with presenting company management teams to arrange one-on-one meetings with the attending institutional investors and research analysts at the conference venue and online.

About EnerCom, Inc.

Founded in 1994, EnerCom, Inc. is an internationally recognized management consultancy advising companies on Environmental, Social & Governance (ESG), investor relations, corporate strategy/board advisory, marketing, analysis and valuation, media, branding, and visual communications design. Headquartered in Denver, EnerCom and its team of experts are passionate about the energy industry and our work to provide clients with wide range of services to build brand recognition that drives valuation and returns.

EnerCom’s upcoming 2021 oil and gas investment conferences include:

For more information about EnerCom and its services, please visit http://www.enercominc.com/ or call +1 303-296-8834 to speak with the management team or one of our consultants.

Event Sponsors Include:

About Netherland, Sewell & Associates, Inc.

Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services.

For a complete list of services or to learn more about Netherland, Sewell & Associates, Inc. please visit https://netherlandsewell.com/.

About Haynes and Boone

Haynes and Boone, LLP is an energy focused corporate law firm, providing a full spectrum of legal services and solutions to clients across the oil and gas industry, including the upstream, midstream, and downstream sectors. Lawyers from our Denver office and 15 other offices work as a team to meet the legal needs of our domestic and international clients involved in oil and gas. We represent private and public oil and gas companies, financial institutions, investment funds and other investors. Our team of more than 100 energy lawyers and landmen understands the physical and financial energy markets, and the firm has been helping both operators and lenders complete some of the largest financings and M&A transactions in recent years. The BTI Industry Power Rankings, published by BTI Consulting Group, Inc., named Haynes and Boone a “Leading Recommended” firm for the energy industry in 2017, ranking our firm among the top three percent of all law firms. For more information, please visit www.haynesboone.com/.

About Enverus

In 1999, Enverus was founded as Drillinginfo, a groundbreaking provider of reliable oil & gas data, when the industry was on the brink of a digital revolution—a revolution that we would eventually fuel. Over the years, we grew exponentially through product innovation, market expansion, and acquisitions. Today, we are the energy industry’s leading data, insights, and software company, helping customers outpace their competition and influence their respective industries.

For more information, visit www.enverus.com

Great Western Petroleum, LLC

Denver-based Great Western Petroleum, LLC, is an independent oil and natural gas company focused on the exploration, development, acquisition and exploitation of unconventional reserves of oil, natural gas and NGLs in the core of the Wattenberg Field, which is located within the DJ Basin. The Company’s properties are primarily located in northwestern Adams County and western Weld County in Colorado.

For more information, visit www.greatwesternpetroleum.com

Noble Royalties Inc.

Founded in 1997 by Scott Noble, Noble Royalties began assisting owners interested in monetizing their sub-surface rights by acquiring their mineral rights, royalties and overriding. He learned that buyers historically had been sharing little information and subsequently making offers below “Real Market Value”.   Mr. Noble knew that by internally evaluating with more depth, he could pay a “Real Market Value” and sellers would accomplish their personal or estate planning goals.  Noble Royalties quickly became respected and one of the largest independent mineral/royalty buyers in the nation.  Acquiring over $1,500,000,000 in minerals, royalties & ORRI, Noble has a deep understanding of owners and is able to offer a better owner experience.

For more information, visit www.nobleroyalties.com


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