Canadian Natural Resources Ltd. - 2007-03-26

Sold US$1.1 billion in 5.7% unsecured notes due 2017 and US$1.1 billion in 6.25% unsecured notes due 2038 to pay bank debt. Citigroup Global Markets Inc., Banc of America Securities LLC, Deutsche Bank Securities and J.P. Morgan Securities Inc. were joint book-running managers, RBC Capital Markets was lead manager and BMO Capital Markets, BNP Paribas, CIBC World Markets, Daiwa Securities America Inc., Lazard Capital Markets, Mizuho International Plc, Scotia Capital and Societe Generale were co-managers.