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Institutional Investor Open House 2011

8:30am – 2:00pm MT

Current time: 11:38am MDT, Friday, June 12, 2026 (All times noted are MDT)

Welcome to the Institutional Investor Open House 2011

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 our portfolio of projects and to deliver our defined growth plan, thereby creating value for shareholders.

We have an effective and efficient, diversified combination of assets in North America, the North Sea and Offshore West Africa, which enables us to generate significant value, even in challenging economic environments.

Our balanced mix of natural gas, light crude oil, heavy crude 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.

Our financial discipline, commitment to a strong balance sheet, and capacity to internally generate cash flows provide us the means to grow our company in the long term.

For more information about the company please visit www.cnrl.com

Strategy

Marketing

Horizon Oil Sands

Exploration and Production

Finance

Corporate Summary