Canadian Natural Resources

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Description

NEW, Canadian Natural Resources Ltd. has retained Scotia Waterous to sell its assets in Alberta. The package includes working interests in four established units and four non-unitized properties in 43,000 hectares (28,000 hectares of oil sands leases). Production on the assets is 894 barrels of oil and 1.2 million cubic feet of gas for a total 1,096 barrels of oil equivalent per day. Total proved reserves are 4 million barrels of oil equivalent, while proved-plus-probable reserves total 5 million barrels. For more information, contact Hilary Foulkes, 403-261-4241.