Canadian Natural Resources Limited Announces Horizon Oil Sands Production
December 02 2010 - 5:00AM
Marketwired
Canadian Natural Resources Limited ("Canadian Natural" or the
"Company") (TSX: CNQ) (NYSE: CNQ) 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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Q3 2010 83,809
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October 2010 87,600(i)
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November 2010 107,900(i)
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(i)rounded to the nearest hundred
The Pressure Swing Adsorption (PSA) beds recovered better than
expected resulting in production of approximately 107,900 bbl/d SCO
for November 2010. The PSA unit performance will be closely
monitored, however the likelihood that a complete shutdown will be
required has been reduced significantly, and scheduled maintenance
work will be performed if necessary. The Company continues to
target Q4/10 production between 90,000 bbl/d and 100,000 bbl/d and
overall annual production between 90,000 bbl/d and 93,000
bbl/d.
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 (403) 514-7777 (403) 514-7888 (FAX)
ir@cnrl.com www.cnrl.com
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