Canadian Natural Resources

Canadian Natural is one of the largest independent crude oil and natural gas producers in the world. The Company continually targets cost effective alternatives to develop their portfolio of projects and to deliver their defined growth plan, thereby creating value for shareholders. They have an effective and efficient, diversified combination of assets in North America, the North Sea and Offshore Africa, which enables them to generate significant value, even in challenging economic environments. Their balanced mix of natural gas, light oil, heavy oil, in situ oil sands production, oil sands mining and associated upgrading facilities, represents one of the strongest and most diverse asset portfolios of any energy producer in the world. Canadian Natural's financial discipline, commitment to a strong balance sheet, and capacity to internally generate cash flows provide them the means to grow their company in the long term.

2 past transactions

Painted Pony Energy

Acquisition in 2020
Painted Pony Energy is a Canadian natural gas producer focused on exploring, developing, and producing petroleum and natural gas, primarily in the Montney formation of Northeast British Columbia. The company specializes in the development of natural gas and natural gas liquids, leveraging the region's sweet natural gas resources, which are free from hydrogen sulfide and significant carbon dioxide. To support its operations, Painted Pony has established multiple gas processing facilities, compressor stations, and pipelines, ensuring efficient transportation to market. The company's growth strategy emphasizes production development drilling, aimed at achieving consistent increases in production, reserves, and cash flow, thereby delivering value to shareholders through its premium resource base.
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