CALGARY, ALBERTA--(Marketwired - Nov 7, 2013) - Canadian Natural Resources Ltd. (TSX: CNQ) (NYSE: CNQ) Commenting on the Company's 2014 budget, Steve Laut, President of Canadian Natural, stated, "Canadian Natural is continuing the transition to a long-life, low decline asset base further strengthening our ability to generate free cash flow. The Company's 2014 capital budget will deliver near-term production growth of 7 [...]
CALGARY, ALBERTA--(Marketwired - Nov 7, 2013) - Canadian Natural Resources Ltd. (TSX: CNQ) (NYSE: CNQ) Commenting on third quarter results, Steve Laut, President of Canadian Natural stated, "We achieved excellent results this quarter both operationally and financially, which demonstrates our ability to execute on our strategy to deliver premium value and defined growth. Our experienced team, together with our strong and [...]
CALGARY, ALBERTA--(Marketwired - Oct 10, 2013) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") is pleased to provide an update on its Horizon Oil Sands ("Horizon") project. Several key milestones were completed at Horizon in Q3/13 as the Company continues to deliver on its strategy to transition to a longer life, low decline asset base which continues to deliver significant [...]
CALGARY, ALBERTA--(Marketwired - Sep 30, 2013) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") is pleased to announce the completion of its process to find a world class partner for the joint exploration of its Block 11B/12B offshore South Africa. After a lengthy and thorough process, where Canadian Natural received a number of strong, competitive offers from well-known [...]
CALGARY, ALBERTA--(Marketwired - Sep 18, 2013) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural") announces that first steam injection was achieved on September 16, 2013 at its 100% owned and operated Kirby South steam assisted gravity drainage (SAGD) project. The Kirby South project was completed on budget, with a forecast addition of production at approximately $30,000 per flowing barrel, and [...]
CALGARY, ALBERTA--(Marketwired - Aug 8, 2013) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.125 (twelve and one-half cents) per common share. The dividend will be payable October 1, 2013 to shareholders of record at the close of business on September 13, 2013. Canadian Natural is a senior oil and natural gas [...]
CALGARY, ALBERTA--(Marketwired - Aug 8, 2013) - Canadian Natural Resources Ltd. (TSX: CNQ) (NYSE: CNQ) "Canadian Natural achieved in the second quarter of 2013 strong quarterly production from our balanced and diverse asset base," commented Steve Laut, President of Canadian Natural. "On a per barrel of oil equivalent basis, our overall Exploration and Production operating costs decreased from last quarter resulting in [...]
Canadian Natural Resources will be hosting a media tour at its Primrose project. The tour invite is for accredited media only and will take place August 8th, 2013 at 1:00 pm. Proof of accreditation and consent to a safety orientation is required in advance to Canadian Natural being able to confirm participation. Technical staff from the Alberta Energy Regulator will also be in attendance at the tour. Space is limited [...]
CALGARY, ALBERTA--(Marketwired - Jul 31, 2013) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") would like to provide an update to an incident at the Company's Primrose development area in which bitumen emulsion was discovered at surface at four separate locations. The discoveries were immediately reported to the Alberta Energy Regulator ("AER") and concurrently crews were [...]
CALGARY, ALBERTA--(Marketwired - Jul 23, 2013) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces entering into an agreement relating to the acquisition of Barrick Energy Inc ("BEI"), a subsidiary of Barrick Gold Corp., following the sale by BEI of certain assets, for cash consideration of approximately $173 million and a gross overriding royalty on certain lands at [...]
CALGARY, ALBERTA -- (Marketwired) -- 06/25/13 -- Canadian Natural Resources Limited (TSX: CNQ)(NYSE: CNQ) -
"The flooding events in Calgary and surrounding communities are certainly unprecedented in Alberta and have caused significant disruption to families and our city. First, our deepest sympathies go out to all those whose homes have been impacted by the flooding," commented Steve Laut, President.
CALGARY, ALBERTA -- (Marketwired) -- 05/29/13 -- Canadian Natural (TSX: CNQ) (NYSE: CNQ) has completed the turnaround at Horizon. The turnaround went well with no major changes to the scope. Change out of the catalysts in the hydro-treating units and repairs to some equipment extended slightly beyond the original forecasted timeframe. The sequential start-up of the operation began on the weekend with full production to [...]