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Canadian Natural Boosts Production Outlook After Taking Full Control of Oil Sands Mine

Canadian Natural Resources Ltd. expects 15% production growth in 2025 after acquiring full Albian Sands mine ownership from Shell through an asset-swap deal.

Summary by The Globe & Mail
An asset swap with Shell, which closed earlier this year, added about 31,000 barrels per day of bitumen to Canadian Natural’s portfolio

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The Globe & MailThe Globe & Mail
Center

Canadian Natural boosts production outlook after taking full control of oil sands mine

An asset swap with Shell, which closed earlier this year, added about 31,000 barrels per day of bitumen to Canadian Natural’s portfolio

·Canada
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BOE ReportBOE Report

Canadian Natural Resources Limited Announces Closing of AOSP Swap Transaction and Updated 2025 Guidance

Calgary, Alberta--(Newsfile Corp. - November 3, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces it has closed the asset swap with Shell Canada Limited and affiliates ("Shell") related to the Athabasca Oil Sands Project ("AOSP"), whereby Canadian Natural swapped 10% of its working interest in the Scotford

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BOE Report broke the news in on Monday, November 3, 2025.
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