Canadian Natural Resources Limited
TSX : CNQ
NYSE : CNQ

Canadian Natural Resources Limited

October 04, 2010 18:30 ET

Canadian Natural Resources Limited Announces Horizon Oil Sands Production

CALGARY, ALBERTA--(Marketwire - Oct. 4, 2010) -

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
August 2010 50,500
September 2010 forecast 108,800 *
*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.

Contact Information

  • John G. Langille
    Vice Chairman
    or
    Steve W. Laut
    President
    or
    Corey B. Bieber
    Vice-President, Finance & Investor Relations
    or
    Canadian Natural Resources Limited
    2500, 855 2nd Street S.W.
    Calgary, Alberta, T2P 4J8 Canada
    (403) 514-7777
    ir@cnrl.com
    www.cnrl.com