EXHIBIT 99.3 ------------ - ------------------------------------------------------------------------------- [GRAPHICS OMITTED - LOGO, PHOTOGRAPHS] - --------------- News Release ------------- --------------- ------------ Discipline Opportunity Strategy - ------------------------------------------------------------------------------- CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES DIVIDEND CALGARY, ALBERTA - NOVEMBER 1, 2007 - FOR IMMEDIATE RELEASE Canadian Natural Resources Limited announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.085 (eight and one half cents) per common share. The dividend will be payable January 1, 2008 to shareholders of record at the close of business on December 14, 2007. 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 2500, 855 - 2nd Street S.W. Calgary, Alberta T2P 4J8 TELEPHONE: (403) 514-7777 ALLAN P. MARKIN DOUGLAS A. PROLL Chairman Chief Financial Officer and FACSIMILE: (403) 514-7888 Senior Vice-President, Finance EMAIL: ir@cnrl.com JOHN G. LANGILLE WEBSITE: www.cnrl.com Vice-Chairman COREY B. BIEBER Vice-President, TRADING SYMBOL - CNQ STEVE W. LAUT Finance & Investor Relations Toronto Stock Exchange President and New York Stock Exchange Chief Operating Officer 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.