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BRIEF-Canadian Natural Resources Provides Update On The Scotford Upgrader

Published 2019-05-01, 05:05 a/m
© Reuters.  BRIEF-Canadian Natural Resources Provides Update On The Scotford Upgrader
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May 1 (Reuters) - Canadian Natural Resources Ltd CNQ.TO :

* CANADIAN NATURAL RESOURCES LIMITED PROVIDES UPDATE ON THE SCOTFORD UPGRADER

* CANADIAN NATURAL RESOURCES - FOLLOW UP REPORT ON EVENT WHICH OCCURRED AT SCOTFORD UPGRADER, IN WHICH CO HAS A 70% INTEREST, ON MONDAY APRIL 15, 2019

* CANADIAN NATURAL - SHELL CANADA WITH STRATHCONA COUNTY SERVICES RESPONDED TO FIRE AT SCOTFORD UPGRADER, WHILE IT WAS BEING SHUT DOWN FOR MAINTENANCE

* FIRE WAS PROMPTLY EXTINGUISHED, ALL PERSONNEL WERE ACCOUNTED FOR, AND THERE WERE NO REPORTED INJURIES

* CANADIAN NATURAL RESOURCES - UPON COMPLETION OF MAINTENANCE, MAY AND JUNE AVERAGE GROSS PRODUCTION AT ALBIAN MINES TARGETED TO BE ABOUT 245,000 BBL/D

* CANADIAN NATURAL RESOURCES-FIRE WAS CONTAINED TO PROCESS FURNACE IN NORTH UPGRADER, WHILE OPERATIONS AT BASE UPGRADER PLANT WERE NOT IMPACTED BY FIRE

* CANADIAN NATURAL - PLANNED 38 DAY TURNAROUND AT SCOTFORD UPGRADER, IT WILL RUN AT RESTRICTED GROSS PROCESSING RATE OF ABT 200,000 BBL/D OF SCO.

* INVESTIGATION AND PLANNED MAINTENANCE ACTIVITIES CONTINUE ON NORTH UPGRADER

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