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Commenting on first quarter 2016 results, Steve Laut, President of Canadian Natural stated, “The first three months of/ r$ i! s; G' l
2016 were operationally strong for Canadian Natural. The Company delivered production volumes within guidance and. F/ D6 r0 L2 @. Q8 U
lower operating costs, with an operating cost reduction of 13% in E&P crude oil and NGLs and 14% in North America) c2 b. ?: S' p/ Y- w/ q# M
natural gas, on a per unit cost basis from Q1/15 levels. At Horizon, we achieved record low operating costs of $26.55/bbl p1 f) I" ^" T
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