Canadian Natural Resources Limited Announces Horizon Oil Sands Production
October 04 2010 - 6:30PM
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:
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Month SCO Production (bbl/d)
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Q1 2010 86,995
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Q2 2010 99,950
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July 2010 93,300(i)
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August 2010 50,500(i)
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September 2010 forecast 108,800(i)
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(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 successfully completed in mid August and resulted in lower
average volumes for that month. September 2010 volumes were near
design capacity. While the plant's reliability advances, the
Company continues to focus on optimizing operations and will
implement strategic maintenance when necessary. The Company targets
production rates at design capacity for October 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 (403) 514-7777 ir@cnrl.com
www.cnrl.com
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