October 23, 2008 / 3:06 PM / in 10 years

Suncor "not for sale", can pay for growth plans

CALGARY, Alberta, Oct 23 (Reuters) - Suncor Energy Inc (SU.TO) Chief Executive Rick George said on Thursday the company is not for sale despite a steep drop in the shares caused by falling oil prices and the financial crisis.

The company said it has adequate cash and credit to fund a C$6 billion capital plan next year, with C$1.4 billion in cash now on hand and C$3.75 billion in available credit lines. ($1-$1.26 Canadian) (Reporting by Scott Haggett; Editing by Peter Galloway)

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