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Canadian Natural Resources Limited Announces Increase in Quarterly Dividend.


CALGARY, Alberta -- Canadian Natural Resources Limited Canadian Natural Resources Limited TSX: CNQ NYSE: CNQ is an oil and natural gas exploration, development and production company based in Calgary, Alberta. Operations are focused in Western Canada, the North Sea and offshore West Africa.  (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:CNQ CNQ Cost of Non Quality
CNQ Canadian Trading & Quotation System Inc.
CNQ Club Neon Quebec (Quebec Neon Club) 
) (NYSE NYSE

See: New York Stock Exchange
:CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares after recognition of the recently approved two-for-one common stock split of C$0.06 (six cents) per common share. The dividend will be payable July 1, 2005 to shareholders of record at the close of business on June 17, 2005 and represents a 7% increase from the prior quarter's dividend amount and a 20% increase from the dividend paid on July 1, 2004.

Canadian Natural is a senior oil and natural gas production company, with continuing operations continuing operations

Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the
 in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore West Africa.

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 (NYSE:CNQ) (TSX:CNQ)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:May 5, 2005
Words:173
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