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BRIEF-Canadian Natural says strongly supports Alberta oil curtailments

Published 2019-05-09, 11:09 a/m
© Reuters.  BRIEF-Canadian Natural says strongly supports Alberta oil curtailments
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May 9 (Reuters) - Canadian Natural Resources Ltd CNQ.TO :

* SAYS STRONGLY SUPPORTS ALBERTA GOVERNMENT CURTAILMENTS FOR NORMALIZING MARKETS AND SAVING THOUSANDS OF JOBS

* CANADIAN NATURAL SAYS NORTH UPGRADER AT SCOTFORD FACILITY IN ALBERTA WILL BE FULLY OPERATIONAL BY EARLY JUNE, FOLLOWING FIRE IN APRIL

* CANADIAN NATURAL SAYS MAY AND JUNE AVERAGE NET PRODUCTION AT ALBIAN MINES WILL BE 171,500 BPD, VERSUS PREVIOUS TARGET OF 178,500 BPD

* CANADIAN NATURAL SAYS KIRBY NORTH OIL SANDS PROJECT BEGAN STEAMING ON MAY 1, WILL RAMP UP TO 40,000 BPD BY LATE 2020

* CANADIAN NATURAL SAYS WELL PAD ADDITIONS AT PRIMROSE OIL SANDS PROJECT AHEAD OF SCHEDULE, INITIAL PRODUCTION TARGETED Q4 2019

* CANADIAN NATURAL SAYS WOULD BE VERY DIFFICULT TO GET ON BOARD WITH TAKE-OR-PAY CONTRACTS ON ENBRIDGE MAINLINE SYSTEM WITHOUT MULTIPLE DELIVERY POINTS FOR CRUDE

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