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or Name
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Canadian Natural Resources Ltd
Symbol CNQ
Shares Issued 1,094,180,003
Close 2015-05-26 C$ 37.95
Market Cap C$ 41,524,131,114
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Cdn Natural defers open house, to hold call June 17

2015-05-27 13:23 ET - News Release

Mr. Steve Laut reports

CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES THE DEFERRAL OF ITS INSTITUTIONAL INVESTOR OPEN HOUSE

Canadian Natural Resources Ltd.'s previously planned institutional investor open house for June 17, 2015, has been deferred. Rather than the detailed open house presentation format, a conference call will be held on June 17, 2015, where investors and analysts are invited to listen to the company's update of its strategy and plans.

The company maintains a vast portfolio of asset opportunities, a strong balance sheet, and a defined, flexible growth plan for each of its products and areas in which it operates. The strategy and plan for a low-commodity-price environment will be outlined during the conference call. However, due to the current uncertainty surrounding the government of Alberta's review of royalty, taxation, environmental and greenhouse gas policies, detailed future capital allocation plans for each of the company's assets cannot be finalized at this time. Therefore, the company will defer the detailed open house until greater clarity can be attained, to allow for finalization of this capital allocation.

Conference call

A conference call will be held at 9 a.m. MT (11 a.m. ET) on Wednesday, June 17, 2015. The North American conference call number is 1-877-223-4471, and the outside North American conference call number is 001-647-788-4922. Please call in about 10 minutes before the starting time in order to be patched into the call. The call is expected to be 60 to 120 minutes in duration.

A taped rebroadcast will be available until 6 p.m. MT, Thursday, June 24, 2015. To access the rebroadcast in North America, dial 1-800-585-8367. Those outside of North America, dial 001-416-621-4642. The conference ID number to use is 56061126.

Webcast

This call is being webcast and can be accessed on Canadian Natural's website. Presentation slides will be available on Canadian Natural's website in PDF format shortly before the live conference call webcast.

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