Canadian Natural Resources Ltd. provides a follow up report on the event which occurred at the Scotford Upgrader, in which the Company has a 70% interest, on Monday April 15, 2019 at approximately 8:45am. Shell Canada, as Operator of the Scotford Upgrader, along with Strathcona County Emergency Services responded to a fire in the upgrader expansion area at the Scotford Upgrader, while it was being shut down for planned [...]
Canadian Natural Resources Ltd. announces in connection with its previously announced Normal Course Issuer Bid to purchase up to 61,424,856 of its common shares , it entered into an Automatic Securities Purchase Plan with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB when the Company would ordinarily not be permitted to purchase shares due to regulatory restrictions and [...]
Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.375 per common share. The dividend will be payable April 1, 2019 to shareholders of record at the close of business on March 22, 2019. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion [...]
Commenting on the Company's 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "In 2018 we demonstrated the strength of our diverse and balanced asset base, and our ability to create value for Canadian Natural's shareholders throughout the commodity price cycle. Canadian Natural's continued focus on effective and efficient operations, ability to exercise capital flexibility and our mix of long [...]
Canadian Natural Resources Ltd. announces in connection with its 20% working interest in the South Africa Block 11B/12B , the operator of the exploration well, Total E&P South Africa B.V. has issued a press release with updates related to the discovery of significant gas condensate on the prospect. Please see Total’s press release for further details. Canadian Natural expects the cost of the current exploration well [...]
Canadian Natural Resources Ltd. announces in connection with its previously announced Normal Course Issuer Bid to purchase up to 61,424,856 of its common shares , it entered into an Automatic Securities Purchase Plan with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB when the Company would ordinarily not be permitted to purchase shares due to regulatory restrictions and [...]
Commenting on the Company’s 2019 budget, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “Canadian Natural’s large, diverse, balanced and flexible asset base provides a unique opportunity for the Company to allocate capital to the highest return projects to maximize shareholder value. Canadian Natural’s robust, long life low decline assets allow us to target for the foreseeable [...]
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 January 1, 2019 to shareholders of record at the close of business on December 10, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K [...]
Commenting on third quarter 2018 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "The strength of our well balanced and diverse portfolio, combined with Canadian Natural's ability to effectively and efficiently execute, delivered a strong third quarter for the Company. Record quarterly adjusted funds flow of over $2.8 billion was achieved in the third quarter and adjusted funds flow of $7.9 [...]
Canadian Natural Resources Ltd. announces in connection with its previously announced Normal Course Issuer Bid to purchase up to 61,424,856 of its common shares , it entered into an Automatic Securities Purchase Plan with a designated broker. The ASPP is intended to allow for the purchase of Shares under the NCIB when the Company would ordinarily not be permitted to purchase shares due to regulatory restrictions and [...]
Canadian Natural Resources Ltd. announces that Canadian Natural's offer to acquire all of the issued and outstanding common shares of Laricina Energy Ltd. for $0.0815 per Laricina Share by way of a take-over bid , as extended on September 13, 2018 for the mandatory 10-day extension period, expired at 11:59 p.m. on September 24, 2018. Since Canadian Natural's initial take up of 568,724,430 Laricina Shares on September 13 [...]
Canadian Natural Resources Ltd. announces that its offer to acquire all of the issued and outstanding common shares in the capital of Laricina Energy Ltd. , as previously described in the Laricina press release dated July 26, 2018, has been accepted by holders of Laricina Shares representing 98.7% of the issued and outstanding Laricina Shares on a fully diluted basis. Accordingly, the minimum tender requirement under [...]
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