What types of resources does Canadian Natural focus on?
Canadian Natural Resources primarily focuses on the exploration, production, and development of oil and natural gas resources. The company has a diverse portfolio that includes both conventional and unconventional resources. Specifically, Canadian Natural has significant operations in heavy oil, light oil, and natural gas. Their heavy oil operations are concentrated in the Cold Lake and Athabasca regions of Alberta, where they utilize steam-assisted gravity drainage technologies to extract oil from the oil sands.
In addition to heavy oil, Canadian Natural is engaged in the production of light crude oil and also operates natural gas assets, which contribute to a balanced resource mix. The company's commitment to ongoing exploration efforts ensures that it remains adaptable to market changes and can effectively respond to evolving energy demands. Canadian Natural is dedicated to sustainable resource development while balancing environmental considerations and economic viability. For detailed, up-to-date information on their resources and operations, it may be beneficial to visit their official website.
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