Canadian Natural Resources Limited Announces 1 Billion Barrel Production Milestone at the Athabasca Oil Sands Project
July 19 2018 - 4:00AM
Canadian Natural Resources Limited (“Canadian Natural”), as
operator of the Jackpine and Muskeg River mines at the Athabasca
Oil Sands Project (“AOSP”), is pleased to announce that the AOSP
has achieved a mined production milestone of 1 billion barrels
since operations began in 2003.
Canadian Natural's President Tim McKay stated,
“This is a significant milestone and demonstrates the size and
scale of Canada's oil sands mining operations. The oil sands,
through responsible development, provide sustainable long life low
decline production and significant value for stakeholders. This
milestone could not have been achieved without the dedication of
the employees and contractors who focus on safe, reliable
operations, while minimizing our environmental footprint to ensure
long term sustainable development."
Canadian Natural has a 70% working interest in
the AOSP along with Chevron Canada Limited (20%) and Shell Canada
Limited (10%).
Canadian Natural is a senior 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 Africa.
CANADIAN NATURAL RESOURCES LIMITED |
2100,
855 - 2nd Street S.W. Calgary, Alberta, T2P4J8Phone:
403-517-7777 Email: ir@cnrl.comwww.cnrl.com |
|
|
STEVE W. LAUTExecutive Vice-Chairman TIM
S. MCKAYPresident COREY B. BIEBERChief
Financial Officer and Senior Vice-President, Finance MARK
A. STAINTHORPEVice-President, Finance – Capital Markets
Trading Symbol - CNQToronto Stock ExchangeNew York Stock
Exchange |
Certain information regarding the Company contained herein may
constitute forward-looking statements under applicable securities
laws. Such statements are subject to known or unknown risks
and uncertainties that may cause actual results to differ
materially from those anticipated or implied in the forward-looking
statements. Refer to our website for complete forward-looking
statements www.cnrl.com
Canadian Natural Resources (TSX:CNQ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Canadian Natural Resources (TSX:CNQ)
Historical Stock Chart
From Apr 2023 to Apr 2024