Report of Foreign Issuer (6-k)
September 12 2014 - 4:43PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of September, 2014
Commission File Number: 333-12138
CANADIAN NATURAL RESOURCES LIMITED
(Exact name of registrant as specified in its charter)
2500, 855 – 2ND Street S. W., Calgary, Alberta T2P 4J8
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ____ Form 40-F X
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Exhibit Number
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Description
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Canadian Natural Resources Limited
(Registrant)
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Date: September 12, 2014
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By:
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/s/ Bruce E. McGrath |
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Bruce E. McGrath |
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Corporate Secretary |
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EXHIBIT 99.1
CANADIAN NATURAL RESOURCES LIMITED
ANNOUNCES THAT PRODUCTION HAS RECOMMENCED AT
HORIZON FOLLOWING COMPLETION OF COKER PLANT EXPANSION
CALGARY, ALBERTA – SEPTEMBER 12, 2014 – FOR IMMEDIATE RELEASE
Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) is pleased to provide an update on the status of the Company’s Horizon Oil Sands (“Horizon”) project and its recent plant shutdown for routine maintenance and the tie-in of additional coker capacity.
On September 10, 2014, the expansion of the Coker Plant (Phase 2A), was safely completed and production of synthetic crude oil (“SCO”) recommenced with a targeted increase in production capacity to 127,000 bbl/d, an increase from the previous production capacity of 115,000 bbl/d. Horizon production was taken offline for approximately 25 days commencing August 16, 2014 to complete this tie-in work and to perform routine maintenance. Canadian Natural targets to be within previously issued full year 2014 guidance of 109,000 bbl/d to 115,000 bbl/d. The coker tie-in and the associated increase in coker capacity was originally scheduled to be completed in mid-2015; however, due to strong construction performance and the early completion of the coker installation, Canadian Natural accelerated the tie-in to mid-2014.
Phase 2A is one step in a staged expansion that will bring Horizon production capacity to 250,000 bbl/d. The next step, Phase 2B, is targeted to be completed in late 2016 and will add 45,000 bbl/d of production capacity followed by Phase 3 which will add 80,000 bbl/d of production capacity targeted for late 2017. Expansion activities remain on schedule and within sanctioned cost estimates.
Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
For further information, please contact:
CANADIAN NATURAL RESOURCES LIMITED
2100, 855 – 2nd Street S.W.
Calgary, Alberta
T2P 4J8
Telephone:
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(403) 514-7777
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STEVE W. LAUT
President
COREY B. BIEBER
Chief Financial Officer &
Senior Vice-President, Finance
DOUGLAS A. PROLL
Executive Vice-President
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Facsimile:
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(403) 514-7888
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Email:
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ir@cnrl.com
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Website:
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www.cnrl.com
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Trading Symbol - CNQ
Toronto Stock Exchange
New York Stock Exchange
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Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements, including the statements regarding anticipated production volumes and targeted project phase completion dates, are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Refer to our website for complete forward-looking statements www.cnrl.com
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