Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2
List of Figures 9
2 Company Snapshot 10
2.1 Key Information 10
2.2
Company Overview 10
2.3 Financial Performance 10
2.4 Industry Outlook
-- Production & Exploration 10
2.5 Industry Outlook -- Pipelines 11
2.6 SWOT Snapshot 12
3 Canadian Natural Resources Limited , Crude Oil
Forecasts, 2000-2012 13
3.1 Canadian Natural Resources Limited , Crude Oil
Forecasts, By Fields 13
3.2 Canadian Natural Resources Limited , Gross
Revenue Forecasts, By Fields 15
3.3 Canadian Natural Resources Limited ,
Total Government Take Forecasts, By Fields 17
3.4 Canadian Natural
Resources Limited , Contractor Take Forecasts, By Fields 19
4 Canadian
Natural Resources Limited , Exploration and Production Summary 21
4.1
Canadian Natural Resources Limited, Fields under development 21
4.2
Canadian Natural Resources Limited , Active Exploration Blocks, by Country,
2000-2007 22
4.3 Canadian Natural Resources Limited, Crude Oil Production,
by Country 23
4.4 Canadian Natural Resources Limited, Natural Gas
Production, by Country 24
5 Canadian Natural Resources Limited, Crude Oil
and Natural Gas Production By Fields 25
5.1 Canadian Natural Resources
Limited, Crude Oil Production 25
5.1.1 Canadian Natural Resources Limited,
Crude Oil Production in Alberta, By Fields 25
5.1.2 Canadian Natural
Resources Limited, Crude Oil Production in British Columbia, By Fields 26
5.1.3 Canadian Natural Resources Limited, Crude Oil Production in
Saskatchewan, By Fields 30
5.1.4 Canadian Natural Resources Limited, Crude
Oil Production in Cote d' Ivoire, By Fields 37
5.1.5 Canadian Natural
Resources Limited, Crude Oil Production in Norway, By Fields 37
5.1.6
Canadian Natural Resources Limited, Crude Oil Production in United Kingdom, By
Fields 38
5.1.7 Canadian Natural Resources Limited, Crude Oil Production
in Manitoba, By Fields 39
5.2 Canadian Natural Resources Limited, Natural
Gas Production 40
5.2.1 Canadian Natural Resources Limited, Natural Gas
Production in Alberta, By Fields 40
5.2.2 Canadian Natural Resources
Limited, Natural Gas Production in British Columbia, By Fields 41
5.2.3
Canadian Natural Resources Limited, Natural Gas Production in Saskatchewan, By
Fields 46
5.2.4 Canadian Natural Resources Limited, Natural Gas Production
in Cote d' Ivoire, By Fields 55
5.2.5 Canadian Natural Resources Limited,
Natural Gas Production in Norway, By Fields 55
5.2.6 Canadian Natural
Resources Limited, Natural Gas Production in Manitoba, By Fields 55
6
Canadian Natural Resources Limited Pipeline Operation 56
6.1 Pipeline
Operation, Key Data 56
6.2 Pipeline Operation, Overview 56
6.3
Pipeline Operation, Crude Oil Pipelines 56
7 Business Description 57
7.1 Business Overview 57
7.2 Crude Oil and Natural Gas 57
7.2.1
Overview 57
7.2.2 Production 58
7.2.3 Financials 58
7.2.4 Capital
Expenditure 58
7.2.5 Market View 58
7.2.6 Key Strategies 59
7.3
Horizon Project 59
7.3.1 Overview 59
7.3.2 Production 59
7.3.3
Market View 60
7.3.4 Key Strategies 60
7.3.5 Capital Investment 60
7.4 Midstream 60
7.4.1 Overview 60
7.4.2 Financials 61
7.4.3
Capital Expenditure 61
7.4.4 Market View 61
7.5 Major Products and
Services 61
7.5.1 Overview 61
8 History 62
9 Business Strategy
65
9.1 Mission Statement 65
9.2 Strategy 65
9.3 Corporate Social
Responsibility 66
9.3.1 Overview 66
9.3.2 Specific CSR Initiatives
66
10 Value Chain Analysis 68
10.1 Upstream 68
10.1.1 Overview
68
10.1.2 Financials, Production and Major Projects 69
10.2 Midstream
69
10.2.1 Overview 69
10.2.2 Financials, Production and Major Projects
70
11 SWOT Analysis 71
11.1 Overview 71
11.2 Canadian Natural
Resources Limited Strengths 71
11.2.1 Dominant Position in Canada 71
11.2.2 Strong Financial Performance 72
11.3 Canadian Natural Resources
Limited Weaknesses 72
11.3.1 Decreasing Revenues from Offshore West Africa
and North Sea Operations 72
11.3.2 Poor Resource Management 72
11.4
Canadian Natural Resources Limited Opportunities 73
11.4.1 Western
Canadian Sedimentary Basin 73
11.4.2 Horizon Oil Sands Project 73
11.4.3 Rising Demand for Oil and Natural Gas 73
11.5 Canadian Natural
Resources Limited Threats 74
11.5.1 Stringent Environmental Regulations
74
11.5.2 Intense Competition 74
12 Competitors 75
13 Revenue
Analysis 76
13.1 Revenue by Segment 76
13.2 Revenue by Geography
76
14 Financial and Operational Review 78
14.1 Financial Statements
78
14.2 Financial Ratios 79
15 Operational Indicators 80
16 Key
Employees 81
17 Key Employee Biographies 83
18 Company Statement
84
19 Locations And Subsidiaries 91
19.1 Head Office 91
19.2 Other
Locations & Subsidiaries 91
20 Recent Developments 93
20.1 Drilling
and Production Updates 93
20.1.1 Apr 21, 2008: REVUS Updates On Anning
Prospect 93
20.1.2 Aug 02, 2007: CNRL Provides Production Updates For Q2
2007 93
20.2 Financial Announcements 96
20.2.1 May 08, 2008: CNRL
Reports Q1 2008 Results 96
20.2.2 May 08, 2008: CNRL Declares Quarterly
Cash Dividend 100
20.2.3 Feb 28, 2008: CNRL Declares Quarterly Dividend
100
20.2.4 Feb 28, 2008: CNRL Reports Q4 2007 Results 100
20.2.5 Nov
01, 2007: CNRL Declares Quarterly Dividend 103
20.2.6 Nov 01, 2007: CNRL
Reports Q3 2007 Results 104
20.2.7 Aug 07, 2007: CNRL Reports Q2 2007
Results 107
20.2.8 Aug 02, 2007: CNRL Declares Quarterly Cash Dividend
109
20.2.9 May 03, 2007: CNRL Reports Q1 2007 Results And Production
Updates 109
20.2.10 May 03, 2007: CNRL Declares Dividend 110
20.2.11
Mar 07, 2007: CNRL Declares Q4 2006 Results 111
20.2.12 Mar 07, 2007: CNRL
Declares Dividend 112
20.3 Other Significant Developments 112
20.3.1
Apr 30, 2008: CNRL Says Horizon Project On Track 112
20.3.2 Apr 07, 2008:
CNRL To Increase Spending On Natural Gas Exploration In 2009 113
20.3.3
Nov 27, 2007: CNRL Announces 2008 Budget 114
20.3.4 May 02, 2007: CNRL
Updates On Horizon Project 116
20.4 New Contracts Announcements 117
20.4.1 Oct 03, 2007: Eveready Wins New Service Contracts In Alberta Oil Sands
Region, North-Eastern Alberta 117
21 Appendix 119
21.1 Methodology
119
21.1.1 Coverage 119
21.1.2 Secondary Research 120
21.1.3
Primary Research 120
21.1.4 E&P Forecasts 121
21.1.5 Midstream
Forecasts 123
21.1.6 Expert Panel Validation 124
21.2 Contact Us
124
21.3 About Global Markets Direct 124
21.4 Disclaimer 124