North America Crude Oil and NGLs

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Canadian Natural is one of the largest conventional producers of crude oil and NGLs in western Canada. Our crude oil assets illustrate Canadian Natural’s balanced portfolio approach to business, producing light crude oil, Pelican medium crude oil, primary heavy crude oil and thermal in situ heavy crude oil. Canadian Natural’s crude oil is produced from very distinct assets, using different recovery technologies that are tailored to fit each unique reservoir. Enhanced recovery techniques such as thermal in-situ operations and polymerflood technology are leading to increased recoveries. Primary heavy crude oil production, which serves as the backbone for all our crude oil assets, continues to deliver low-risk, reliable production. Going forward we will achieve production growth from crude oil through our defined growth strategy incorporating low-risk development projects. We target secondary and tertiary recovery of light crude oil, primary, secondary and tertiary recovery of heavy crude oil and thermal in situ recovery of bitumen. This allows us to maximize crude oil recovery and value from both mature and new crude oil pools.

We are Canada's largest producer of crude oil and natural gas liquids in Canada and the largest producer of heavy oil in Canada.

We own extensive light crude oil, heavy crude oil and thermal in situ heavy crude oil properties. We are an effective and efficient producer of heavy crude oil. Canadian Natural has proven the profitability of these assets through several business cycles.