Dec 7,2012 / News / Legal Brief

Executives from Canadian Natural Resources (CNR) Limited’s International Division and a director from Werksmans Attorneys met with President Jacob Zuma on Tuesday 13 November at the President’s Cape Town office, De Tuynhuys.

Mr. James Edens, Vice President and Managing Director based in Aberdeen, Scotland, Mr. Simon Dugdale, Director, Africa based in Abidjan, Cote d’Ivoire and Mr. Steve O’Reardon, General Manager for South Africa located in Cape Town were joined by Greg Nott, Johannesburg-based director and head of Werksmans Attorneys’ African practice.

The meeting was arranged to brief President Zuma on upcoming oil exploration activities in the company’s deepwater, offshore Block 11B / 12B, which is located approximately 170 kilometers southeast of Mossel Bay in the Southern Cape.

CNR, a Canadian based exploration and production company with international exposure, signed an Exploration Right for the Block on the 22nd of May this year and is now preparing to drill an exploration well on Block 11B / 12B in the next two years.

The CNR delegation explained the drilling process and potential field development scenarios to President Zuma and Ms. Barbara Thompson, Deputy Energy Minister.

The President asked to be kept abreast of developments related to the project.

CNR is listed on the Toronto and New York Stock Exchanges and trades under the symbol CNQ.  The Company’s website is www.cnrl.com.