CNRL’s latest quarterly results once again posted several new records (production rates and opex), most notably the achievement of sub $30/bbl opex at Horizon, which perhaps for the first time makes Management’s mid-$20s/bbl opex target post expansion to 250 mbbl/d seem realistic.
11 May 2015
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Canadian Natural Resources Limited (CNQ:TSE) | 0 0 (-1.6%) | Mkt Cap: 47,712m
- Published:
11 May 2015 -
Author:
Michael P. Dunn -
Pages:
16
CNRL’s latest quarterly results once again posted several new records (production rates and opex), most notably the achievement of sub $30/bbl opex at Horizon, which perhaps for the first time makes Management’s mid-$20s/bbl opex target post expansion to 250 mbbl/d seem realistic.