Canadian Natural Resources Limited Announces Horizon Oil Sands Production
April 30 2010 - 5:00AM
Marketwired
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ)
("Canadian Natural") announces monthly production of Synthetic
Crude Oil ("SCO") at Horizon Oil Sands as follows:
----------------------------------------------------
Month SCO Production (bbl/d)
----------------------------------------------------
January 2010 72,700(i)
----------------------------------------------------
February 2010 84,200(i)
----------------------------------------------------
March 2010 103,850(i)
----------------------------------------------------
Q1 2010 86,995
----------------------------------------------------
April 2010 forecast 99,000 to 102,000
----------------------------------------------------
(i)rounded
The Company continues to target stable production levels with
annual production guidance for 2010 remaining at 90,000 to 105,000
barrels per day of SCO at Horizon Oil Sands.
Canadian Natural is a senior crude oil and natural gas
production company, with continuing operations in its core areas
located in Western Canada, the U.K. portion of the North Sea and
Offshore West Africa.
This document contains forward-looking statements under
applicable securities laws, including, in particular, statements
about Canadian Naturals' plans, strategies and prospects. Although
the Company believes that the expectations reflected in these
forward-looking statements are reasonable, such statements are
subject to known or unknown risks and uncertainties that may cause
actual results to differ materially from those anticipated. Please
refer to the Company's Interim Report or Annual Information Form
for a full description of these risks and impacts.
Contacts: Canadian Natural Resources Limited Allan P. Markin
Chairman (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural
Resources Limited John G. Langille Vice-Chairman (403) 514-7777
(403) 514-7888 (FAX) Canadian Natural Resources Limited Steve W.
Laut President (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural
Resources Limited Tim S. McKay Chief Operating Officer (403)
514-7777 (403) 514-7888 (FAX) Canadian Natural Resources Limited
Douglas A. Proll Chief Financial Officer and Senior Vice-President,
Finance (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural
Resources Limited Corey B. Bieber Vice-President, Finance &
Investor Relations (403) 514-7777 (403) 514-7888 (FAX) Canadian
Natural Resources Limited 2500, 855 - 2nd Street S.W. Calgary,
Alberta T2P 4J8 ir@cnrl.com www.cnrl.com
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