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    Canadian Natural Plans C$2 billion Oil Sands Expansion

    Written by Investing News Network
    |
    Aug. 04, 2011 10:34AM PST

    Canadian Natural Resources Ltd (TSE:CNQ) plans to restart company’s oil sands plant eight months and has earmarked C$2 billion to start its expansion next year.

    Canadian Natural Resources Ltd (TSX:CNQ) plans to restart company’s oil sands plant eight months and has earmarked C$2 billion to start its expansion next year.

    The market news is quoted as saying:

    The overall cost of the repairs are expected to be C$400 million to C$450 million. Canadian Natural received C$136 million in insurance recovery in the second quarter.

    Click here to access the entire news

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