Canadian Natural Resources is forecasting increased oil and gas production in 2023 as it looks to capitalize on higher prices. Read on
Demand for oil and gas has surged following sanctions on Russia after it invaded Ukraine earlier this year. That has left Europe scrambling to replace gas from Russia and improve its long-term energy security.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
“With our prudent 2023 capital budget, low maintenance capital requirements and an asset base with long life low decline, high value production, we target to continue to deliver significant free cash flow in 2023,” chief financial officer Mark Stainthorpe said in a statement.
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