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Canadian Natural Resources

Canadian Natural Resources Limited
Public company
Traded as CNQ
CNQ
S&P/TSX 60 component
Industry Oil and gas
Founded Calgary, Alberta (1973)
Headquarters Calgary, Alberta
Key people
Revenue $17.945 billion CAD (2013, before royalties)
Number of employees
6,621 (Dec 2013)
Website www.cnrl.com

Canadian Natural Resources Limited, or CNRL or Canadian Natural, is an oil and gas exploration, development and production company with its corporate head office in Calgary, Alberta. Along with its core area Western Canadian Sedimentary Basin (WCSB), CNRL also has North Sea and offshore West Africa fields. By 2011, with a production of 121,000 barrels (19,200 m3), CNRL was Canada's largest oil company and Canada's "single biggest conventional heavy oil producer". By 2009 CNRL ranked number 251 on the Forbes Global 2000 list.

CNRL is one of the largest independent crude oil and natural gas producers in the world, with its head office in Calgary, and operations focused in the Western Canadian Sedimentary Basin, the North Sea and offshore West Africa.

Corporate Headquarters resides in Calgary, Alberta. It operates field offices in Alberta, British Columbia, Saskatchewan as well as international offices in Gabon, Côte d'Ivoire and Aberdeen, Scotland. Canadian Natural is the largest oil and gas producer in Canada as of Q2 2014.

According to their own website "Canadian Natural has the largest undeveloped base in the Western Canadian Sedimentary Basin" (WCSB). CNRL's North America assets include "conventional and unconventional natural gas, along with projects in crude oil, including primary, secondary and tertiary light, medium and heavy production, in situ oil sands, and oil sands mining"

According to their own website "Canadian Natural is the largest independent producer of natural gas in Western Canada." They have natural gas assets "[which] are strong, leveraged by a vast land base, well developed infrastructure and a deep, diversified inventory of drilling prospects. Conventional and unconventional natural gas production is concentrated in five North American core regions: Northwest Alberta, Northeast British Columbia, the Foothills, the Northern Plains and the Southern Plains."

According to their own website "Canadian Natural continues to access and develop new natural gas opportunities, focusing on growing an already strong location inventory and optimizing existing production."


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