Posted AT 5:46 PM EDT on 08/05/08
CNQ profit surges 170 per cent
CALGARY — — First-quarter profit at Canadian Natural Resources Ltd. jumped 170 per cent as surging oil prices more than made up for lower production, the country's No. 2 independent oil explorer said Thursday.
Canadian Natural, which is expected to open the 110,000 barrel per day Horizon oil sands project in August, earned $727-million, or $1.
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