Canadian Natural Resources Ltd.

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Description

Canadian Natural Resources Ltd. has retained Kobayashi Partners Ltd. to sell unit and non-unit property interests in Alberta, Saskatchewan and British Columbia. The package includes various working interests in the Donalda Unit, Cecil Lake North Pine Unit No.1, Saddle Hill Doe Creek Unit No. 1, Alderson West Gas Unit No. 1, Alderson West Gas Unit No. 2, Viewfield Voluntary Unit, Pembina Cardium Unit No. 8, Kaybob South Triassic Unit No.1, Moose Mountain Tilston Voluntary Unit No.1, Kessler Viking Gas Unit, Ranfurly Gas Unit, Steelman Frobisher Voluntary Unit No. 2, Buffalo Lake D-3 Unit, and Drumheller Basal Quartz Unit No.1. The assets also include non-unit properties in the Donalda, Garrington/Ferrybank, Pembina and Kaybob areas. Production is 30.6 barrels of oil and gas liquids and 355,300 cubic feet of gas for a total of 89.8 barrels of oil equivalent per day. Proved reserves are 86,400 barrels of oil and 507.9 million feet of gas for a total 171,100 barrels equivalent and provedplus- probable reserves of 101,300 barrels of oil and 638.9 million feet of gas for a total 208,000 barrels equivalent. For more information, contact Tom Caldwell, 403-298-9729.