Erik Boeslinger's questions to Canadian Natural Resources Ltd (CNQ) leadership • Q4 2024
Question
Erik Boeslinger asked about the limiting factors for sanctioning the 100,000 bbl/d Jackpine Mine expansion and whether those potential reserves are included in the 2024 year-end reserve report.
Answer
President Scott Stauth explained that while the project has the significant advantage of already being approved, the final decision to proceed depends on a comprehensive assessment of long-term pricing, market egress, and carbon capture solutions. The question regarding its inclusion in 2024 reserves was not directly addressed in the response.