Canadian Natural Resources Limited Announces Horizon Oil Sands Production
September 01 2010 - 5:00AM
Marketwired
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ)("Canadian
Natural" or the "Company") announces monthly production of
Synthetic Crude Oil ("SCO") at Horizon Oil Sands as follows:
------------------------------------------------------------------------
Month SCO Production (bbl/d)
------------------------------------------------------------------------
Q1 2010 86,995
------------------------------------------------------------------------
Q2 2010 99,950
------------------------------------------------------------------------
July 2010 93,300(i)
------------------------------------------------------------------------
August 2010 forecast 49,000-50,000
------------------------------------------------------------------------
(i)rounded to the nearest hundred
The maintenance required to address localized pipe wall thinning
limited to the amine unit, which required a plant wide shut down,
was completed in mid August. While the plant was in shut down the
Company was able to move forward and complete planned maintenance
originally scheduled for late August and September which included
furnace pigging cycles and screen changes in the Ore Preparation
Plant ("OPP").
The start up of the Horizon operation after this outage occurred
on schedule, however operational start up difficulties were
encountered in the OPP. As a result, full ramp up to design rates
were delayed, as the operation was restricted to running on only
one of two wet trains in the OPP for a significant period during
August.
The second wet train was returned to operations in late August
and the company targets production rates at design capacity for
September 2010 and the remainder of 2010.
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.
Contacts: John G. Langille Vice Chairman Steve W. Laut President
Corey B. Bieber Vice-President, Finance & Investor Relations
Canadian Natural Resources Limited 2500, 855 2nd Street S.W.
Calgary, Alberta, T2P 4J8 Canada Phone: (403) 514-7777 Email:
ir@cnrl.com Website: www.cnrl.com
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