Canadian Natural Completes Acquisition of Devon Assets
OREANDA-NEWS. April 10, 2014. Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that the agreement relating to the acquisition of Devon Canada’s Canadian conventional assets, excluding Horn River and the heavy oil properties, has been completed.
Canadian Natural will immediately integrate the acquired properties into its ongoing operations. The acquired production, infrastructure and land add to Canadian Natural’sexisting core areas providing synergies to more effectively and efficiently operate once fully integrated. Canadian Natural also welcomes the high caliber Devon staff to its teams.
Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.
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