The Globe and Mail | Canadian Oil Sands rejects Suncor's $4.5-billion 'exploitive' hostile bid The Globe and Mail The bid also seriously undervalues COS's 37 per cent interest in oil sands producer Syncrude Canada Ltd., COS said. “Through its bid, Suncor is attempting to add COS' proved and probable reserves and 46 year production life without paying a fair price.”. Canadian Oil Sands Rejects Suncor Offer Canadian Oil Sands Rejects Suncor's $3.3 Billion Hostile Bid Canadian Oil Sands asks shareholders to reject Suncor's bid |