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Canadian Natural Resources Company Profile

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Canadian Natural Resources Company Profile

COMPANY INFORMATION

Company Legal Name

Canadian Natural Resources Ltd.

Establishment

1973

Industry

Petroleum Industry

Geographical Presence

Worldwide

 

Based in Canada, Canadian Natural Resources operates as an independent oil and natural gas production company, which engages in the exploration, development, marketing, and production of crude oil and natural gas. It is the largest heavy crude oil producer in Canada.

The company's exploration and production operations are focused in North America, mainly in Western Canada; the United Kingdom (UK) portion of the North Sea; and Cote d'Ivoire and South Africa in Offshore Africa.

CNRL organizes its business into the following segments: Oil Sands Mining and Upgrading; Midstream and Refining; Exploration and Production; and Head Office. The Oil Sands Mining and Upgrading segment produce synthetic crude oil through bitumen mining and upgrading operations. The Midstream and Refining segment focuses on maintaining pipeline operations and investment. The Exploration and Production segment comprises operations in North America, largely in Western Canada; the United Kingdom portion of the North Sea; and Côte d’Ivoire and South Africa in Offshore Africa.

 

CURRENT DATA

Company Revenue (2020)

17 billion CAD

Net Income (2020)

-435 million CAD

President of the Board

Tim S. Mvkay

Number of Employees (2020)

10,000+

Registered Address

855-2 Street SW Suite 2100 Calgary, Alberta T2P 4J8, Canada

 

CNRL has one of the largest undeveloped land bases in the relatively undeveloped liquids-rich, natural gas-prone areas of Northeast British Columbia and Northwest Alberta.

The company offers a diverse portfolio of light crude oil, primary heavy crude oil, Pelican Lake crude oil, and natural gas liquids.

CNRL offers tremendous development opportunities within the Company’s in situ oilsands asset portfolio, incremental to operating Primrose, Wolf Lake, Kirby South, Kirby North, and Jackfish projects. It also offers development and exploration opportunities in Côte d'Ivoire, Offshore Africa, along with development opportunities in the UK region of the North Sea.

The company was founded in November 1973 and is headquartered in Calgary, Canada.

 

CONTACT INFORMATION

Phone Number

1 403 517 6700

Fax Number

1 403 517 7350

Website

www.cnrl.com