Canadian Natural Resources Ltd., Calgary, (Toronto, NYSE: CNQ) has closed the acquisition of Anadarko Canada Corp., a subsidiary of Anadarko Petroleum Corp., The Woodlands, Texas, (NYSE: APC) for aggregate consideration of US$4.1 billion. Anadarko Canada's land and production base is in Western Canada with concentrated gas-weighted assets and a long reserve life. Current gross production is approximately 350 million cubic feet of gas and 9,000 barrels of oil and gas liquids per day. Proved reserves are 262 million barrels of oil equivalent (75% proved developed). The assets also include approximately 1.5 million net undeveloped acres and facilities in Northeast British Columbia and Northwest Alberta.
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