Wednesday, August 02, 2006

Canadian Natural Resources Limited Announces Second Quarter 2006 Update on the Progress of the Horizon Oil Sands Project

CCNMatthews (press release), Canada
Our labour strategy, predicated on a Managed Open Site, has accessed a broad workforce including on site labour affiliations such as Alberta's traditional Building Trade Unions, the Christian Labour Association of Canada, Non-unionized contractors, Overburden Operating Engineers, and the Communications, Energy and Paperworkers Union of Canada. The fly-in / fly-out program combined with our world-class camp facilities, is successfully attracting new workers to the oil sands. In June we commenced weekly flights to cities in Newfoundland, New Brunswick and Quebec in order to access skilled Canadian workers from other regions of Canada. This dynamic and flexible contracting approach coupled with a higher degree of off-site modularization than has previously been achieved by oil sands developers, has resulted in a change to our expected labour curves as non-critical path contracts are managed for cost. As such, in early July we had in excess of 2,500 workers, supervisors and employees on site and we now expect that this number will ramp to between 5,000 and 6,000 in mid-2007.

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