Canadian Natural Resources Ltd. announces that it has entered into an agreement to acquire a 100% working interest in the Joslyn oil sands project for a total consideration of $100 million cash on closing and annual cash payments of $25 million over each of the next five years. The Joslyn lease, which is located directly south of the Company’s current Horizon Oil Sands Mining and Upgrading project , adds significant [...]
CALGARY, Alberta, Aug. 02, 2018 -- Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.335 per common share. The dividend will be payable October 1, 2018 to shareholders of record at the close of business on September 14, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas [...]
CALGARY, Alberta, Aug. 02, 2018 -- Commenting on second quarter 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "The Company's balanced strategy was once again evident in the quarter as our robust long life low decline asset base provided record quarterly funds flow of approximately $2.7 billion. The allocation of funds flow was balanced among our four pillars to maximize value for our [...]
CALGARY, Alberta, July 19, 2018 -- Canadian Natural Resources Ltd. , as operator of the Jackpine and Muskeg River mines at the Athabasca Oil Sands Project , is pleased to announce that the AOSP has achieved a mined production milestone of 1 billion barrels since operations began in 2003. Canadian Natural's President Tim McKay stated, “This is a significant milestone and demonstrates the size and scale of Canada's [...]
CALGARY, Alberta, May 16, 2018 -- Canadian Natural Resources Ltd. announced today that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian [...]
CALGARY, Alberta, May 07, 2018 -- Canadian Natural held its Annual General Meeting of the Shareholders on May 3, 2018. The result of the vote by shareholders for each resolution is reported below. 1. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Votes For Votes Withheld Catherine M. Best 863,885,449 96.14 % 34,665,462 3.86 [...]
CALGARY, Alberta, May 03, 2018 -- Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.335 per common share. The dividend will be payable July 1, 2018 to shareholders of record at the close of business on June 15, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in [...]
CALGARY, Alberta, May 03, 2018 -- Commenting on first quarter 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "The strength of our well balanced and diverse portfolio, combined with our long life low decline asset base, delivered a strong first quarter for Canadian Natural. Our balanced production mix is a key component of our strategy to create shareholder value throughout the commodity [...]
CALGARY, Alberta, March 14, 2018 -- Canadian Natural Resources Ltd. announced today its intention, subject to regulatory approval, including the approval of the Toronto Stock Exchange , to purchase for cancellation up to 61,295,086 of its common shares through a normal course issuer bid . The Corporation is currently engaged in a normal course issuer bid, which commenced May 23, 2017 and is ending on May 22, 2018 [...]
CALGARY, Alberta, March 01, 2018 -- Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.335 per common share. The dividend will be payable April 1, 2018 to shareholders of record at the close of business on March 16, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located [...]
CALGARY, Alberta, March 01, 2018 -- Commenting on the Company's results, Steve Laut, Executive Vice Chairman of Canadian Natural stated, "In 2017, Canadian Natural continued to execute on its defined strategy and completed its transition to a long life low decline asset base with the completion and ramp-up of the Horizon Phase 3 expansion. The Company's focus on balanced capital allocation was evident in 2017 as economic [...]
Canadian Natural Resources Ltd. today announces a number of management promotions positioning it for the continued evolution of growth in both our long life, low decline assets and our low capital exposure assets. These changes strengthen Canadian Natural's ability to deliver the next stage of value growth. One of Canadian Natural's many strengths is our strong and deep leadership team. The Company also takes a very [...]
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