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Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s):  CNQ

Canadian Natural Resources Limited is a senior crude oil and natural gas production company. Its exploration and production segment are focused on North America, in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire in Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project (AOSP). Within Western Canada in the Midstream and Refining segment, it maintains certain activities: pipeline operations, an electricity co-generation system, and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta. It owns a 70% interest in light crude oil and liquids rich Duvernay assets. It owns 90% of AOSP: the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility.


TSX:CNQ - Post by User

Comment by presto10on Jan 07, 2006 11:07am
237 Views
Post# 10124363

RE: At this price, I couldn't resist......

RE: At this price, I couldn't resist......"CNQ may looks attractive, but it's funny no one mentioned how many billions of $$$ CNQ have went OVER on their Budget for their Horizon project. Hush, hush so far." First some moron says he owns ECA and thinks it is all ntural gas. From my recollection ECA may have something like 40 billion barrels of oil in their sands, more than anyone; and of course ongoing production. Now someone knocking CNQ over Horizon being billions over budget? Maybe a budget no. from 5 years ago but what else is new with oil sands infrastructure build? LOL, when I think Horizon, I think "Suncor" for goodness sakes (plus tons of natural gas and great, and great oil plays off the Ivory Coast, North Sea).
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