Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s): CNQ

Energy Oil & Gas E&P

Canadian Natural Resources Limited is a Canada-based independent crude oil and natural gas exploration, development and production company. The Company's segments include exploration and production, oil sands mining and upgrading, and midstream and refining. The exploration and production segment are focused on North America, specifically in Western Canada; the United Kingdom portion of the North Sea, and Cote d'Ivoire and South Africa 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. Within Western Canada in the Midstream and Refining segment, the Company maintains certain activities that include 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.

TSX:CNQ - Post by User

Canadian Natural Resources Ltd

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Comment by Shotonbothsideson Jan 07, 2011 9:49am

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Post# 17937926

SU -si CNQ- no

A similiar fire at Suncor in 2005 put the Suncor facility out of operation for eight months. Coupled with low gas prices CNQ is a write-off for 2011. Hope for recovery in 2012. Question? Are they insured for this loss? If its poor engineering - maybe not.

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