Mr. Steve Laut reports

CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES DISCOVERED PRESENCE OF LIGHT OIL/HYDROCARBONS OFFSHORE COTE D'IVOIRE

Canadian Natural Resources Ltd.'s Saphir-1XB well has encountered an accumulation of light oil in the deepwater frontier exploration play in block CI-514 offshore Ivory Coast.

The well was drilled by a semi-submersible rig in a water depth of 2,300 metres and reached a total depth of 4,655 metres. The well encountered a series of thick sands of approximately 350 metres, containing a hydrocarbon column of approximately 40 metres of light oil with 34-degree-API gravity.

The well was plugged and the data gathered will now be evaluated to determine the extent of the accumulation and the forward plan for appraisal.

Vice-president of exploration for Canadian Natural's international division, David Bell, said, "Saphir-1XB is an important discovery in a frontier part of deepwater offshore Cote d'Ivoire and has demonstrated a working petroleum system."

Block CI-514 is operated by Total Exploration and Production, with a 54-per-cent working interest, along with CNR International at 36 per cent and Petroci at 10 per cent.

Canadian Natural, through its subsidiary, CNR International, is currently the major producer of hydrocarbons in Ivory Coast, with operated assets at the Espoir field and deepwater Baobab field. Canadian Natural is embarking on a 10-well development drilling program of the Espoir field, targeted to commence in the second half of 2014, and a six-well phase of development at the Baobab field, targeted to commence in late 2014 or early 2015.

We seek Safe Harbor.