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<SEC-DOCUMENT>0000950142-03-000117.txt : 20030121
<SEC-HEADER>0000950142-03-000117.hdr.sgml : 20030120
<ACCEPTANCE-DATETIME>20030121091234
ACCESSION NUMBER:		0000950142-03-000117
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030121
FILED AS OF DATE:		20030121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANADIAN NATURAL RESOURCES LTD
		CENTRAL INDEX KEY:			0001017413
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-12138
		FILM NUMBER:		03518669

	BUSINESS ADDRESS:	
		STREET 1:		2000
		STREET 2:		425 1ST ST
		CITY:			S W CALGARY ALBERTA
		STATE:			A0
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		2500 855 2 ST NW
		CITY:			CALGARY ALBERTA CANADA
		STATE:			A0
		ZIP:			9999999999
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k_012103.txt
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER
                    PURSUANT TO SECTION 13A-16 15D-16 OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                          For the month of January 2003

                         Commission File Number: 1-8795


                       CANADIAN NATURAL RESOURCES LIMITED
                       ----------------------------------
             (Exact name of registrant as specified in its charter)


          2500, 855 - 2ND STREET S.W., CALGARY, ALBERTA, CANADA T2P 4J8
          -------------------------------------------------------------
                    (Address of principal executive offices)


         Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                  Form 20-F  [_]          Form 40-F   [X]

         Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1). [_]

         Note: Regulation S-T Rule 101(b)(1) only permits the submission in
paper of a Form 6-K if submitted solely to provide an attached annual report to
security holders.

         Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): [_]

         Note: Regulation S-T Rule 101(b)(7) only permits the submission in
paper of a Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the laws of
the jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.

         Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.

                  Yes    [_]            No    [X]

         If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-______


<PAGE>




         This Form 6-K is hereby incorporated by reference into the
Corporation's Registration Statement on Form-9 (File No. 333-13666). The
following documents are hereby incorporated by reference as Exhibits to the
Corporation's Registration Statement on Form F-9 (File No. 333-13666):


EXHIBIT NUMBER            DESCRIPTION
- --------------            -----------

99.1                      Updates International Drilling Progress and 2003 Plans
                          January 14, 2003




<PAGE>




                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                          CANADIAN NATURAL RESOURCES LIMITED
                                          (Registrant)



Date:    January 20, 2003                 By: /s/ B. E. McGrath
                                              ---------------------------------
                                              B. E. McGRATH
                                              Corporate Secretary


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>ex991-form6k_012103.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>


                                                                    EXHIBIT 99.1
                                                                    ------------



[GRAPHIC OMITTED]                                                       PRESS
[LOGO - CANADIAN NATURAL RESOURCES LIMITED]                             RELEASE

================================================================================
                   CANADIAN NATURAL RESOURCES LIMITED UPDATES
                 INTERNATIONAL DRILLING PROGRESS AND 2003 PLANS
           CALGARY, ALBERTA - JANUARY 14, 2003 - FOR IMMEDIATE RELEASE
================================================================================

Canadian Natural Resources Limited ("Canadian Natural" or "the Company") is
pleased to update its recent international drilling activities and related 2003
exploration and development plans. "We are excited about the potential of the
United Kingdom North Sea and Offshore West Africa. In the North Sea, we now own
70% and operate 80% of our production. We have very recently relocated to our
new Aberdeen offices and are eager to commence our multi-year exploitation
program at the Ninian and Murchison production hubs. In Offshore West Africa we
have two significant development projects to complete and two high risk/high
potential exploration wells to drill", commented Allan Markin, Chairman.

He further commented, "Our results in late 2002 and early 2003 are as per our
expectations and maybe a little better, meaning that we are well on track to
deliver international production volumes of between 62,000 and 72,000 barrels
per day. Our plans include increasing this level to over 100,000 barrels per day
in 2005. This international portion of our asset base is an integral part of our
growth strategy and is complementary to our position as a major supplier to
North America's natural gas and oil needs. We are already the world's fifth
largest independent producer at over 450,000 barrels of oil equivalent per day
and have the project portfolio to double that output over the next decade."

NORTHERN NORTH SEA

The Company operates the Ninian Platform from which the Company's Ninian, Lyell,
and Columba B, D & E fields are operated and the Murchison Platform and related
field. Canadian Natural has recently acquired additional ownership interests and
operatorship of these producing fields and platforms as well as other nearby
exploration blocks. The Company will now embark upon a multi-year exploitation
plan that will enhance ultimate recoverable reserves and extend the useful lives
of the Ninian and Murchison Platforms.

Current year exploitation plans for the Ninian field include five well
relocations, two through tubing redirectional drill ("TTRD") wells, 10
recompletions, 1 satellite exploration well and a waterflood optimization plan.
This is the first phase of a multi-year exploitation plan which will extend the
productive life of the reservoir.

At the Columba fields, Canadian Natural has recently completed drilling of an
additional well at Columba B, which commenced production on December 20, 2002 at
approximately 6,500 barrels per day of oil net to the Company. It is anticipated
this well will be converted to a water injection well when the production
declines below its economic limit. Additional drilling in 2003 will include 2
wells on the Columba D structure and one well on Columba E. Waterflood
activities will continue to be optimized on the Columba fields.

At the Lyell field, one producing well will be converted to water injection
service in 2003 to help provide waterflood sweep potential. This could lead to
increased injector/producer implementation throughout the field in later years.


<PAGE>

At Murchison, Canadian Natural will drill six additional infill wells and four
TTRD wells in addition to optimization of waterflood activities. Enhanced oil
recovery alternatives are also being evaluated along with near-field exploration
potential.

CENTRAL NORTH SEA

In the Central North Sea, the Company maintains ownership in two adjacent
fields, Banff and Kyle. A third producing well was completed on December 3, 2002
at the Banff field with initial production rates of 5,500 net to Canadian
Natural. This year's plans will center upon optimizing gas/oil ratio performance
to enhance oil recovery.

OFFSHORE WEST AFRICA

Canadian Natural's offshore development activities in Cote d'Ivoire remain
unaffected by recent political insurrection in the country. The Company has
established back up facilities in a neighboring country to ensure operations are
not affected should conditions significantly deteriorate.

The offshore Espoir development continues with two water injection wells
scheduled for drilling at East Espoir during the first half of 2003. These
injectors will serve to build up pressures in the upper zones of the oil
reservoir. This upper zone is scheduled for perforation by mid-2003, providing
up to 5,000 barrels per day of additional net production. During December 2002 a
satellite pool, Emien, was drilled, but encountered no hydrocarbons. The Company
anticipates drilling a second, larger satellite pool, Acajou, during the first
half of 2003.

The Baobab development also continues on-schedule for first oil in early 2005 at
planned initial production rates of 45,000 barrels per day increasing with full
development to 60,000 barrels per day. Several components of the subsea
infrastructure and the floating production storage and offtake vessel are
currently out to bid. This field contains approximately 200 million barrels of
recoverable reserves and is operated and 61% owned by Canadian Natural.

The Company also plans on drilling one of two identified prospects on its Block
16 exploration acreage located offshore Angola during the second half of 2003.
This high-risk/high-potential exploration block is located in one of the world's
most prolific oil basins.

Canadian Natural is a senior oil and natural gas production company, with
continuing operations in its core areas located in Western Canada, the U.K.
portion of the North Sea and Offshore West Africa.

For further information, please contact:

CANADIAN NATURAL RESOURCES LIMITED                              ALLAN P. MARKIN
2500, 855 - 2nd Street S.W.                                            Chairman
Calgary, Alberta
T2P 4J8                                                        JOHN G. LANGILLE
                                                                      President
TELEPHONE:        (403) 514-7777
FACSIMILE:        (403) 517-7370                                  STEVE W. LAUT
EMAIL:            investor.relations@cnrl.com          Executive Vice-President
WEBSITE: www.cnrl.com                                                Operations

TRADING SYMBOLS                                                 COREY B. BIEBER
Toronto Stock Exchange - CNQ                                           Director
New York Stock Exchange - CED                                Investor Relations



- --------------------------------------------------------------------------------
Certain information regarding the Company contained herein may constitute
forward-looking statements under applicable securities laws. Such statements are
subject to known or unknown risks and uncertainties that may cause actual
results to differ materially from those anticipated or implied in the
forward-looking statements.
- --------------------------------------------------------------------------------

CANADIAN NATURAL RESOURCES LIMITED                                             2
================================================================================

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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