The Calgary-based operator warned in November that its $8.6 billion budget cut be reduced if commodity prices changed for the worse in the interim.
CNR is now aiming to lift production by 7% in 2015 compared to the mid-point of 2014 guidance versus an earlier goal of an 11% increase.
It is now targeting annual production before royalties of between 1730 and 1770 million cubic feet per day of natural gas and between 552,000 and 592,000 bpd of crude oil and natural gas liquids.
Capital
