CALGARY, Dec. 3, 2012 /CNW/ - The Board of Directors of Nexen Inc. (TSX: NXY.PR.A) has declared the quarterly dividend on its Series 2 Preferred Shares (the "Preferred Shares") of $0.3125 per Preferred Share payable December 31, 2012 to holders of record on December 19, 2012.About NexenNexen Inc. is a Canadian-based global energy company, listed on [...]
CALGARY, Nov. 27, 2012 /CNW/ - By mutual agreement with the Committee on Foreign Investment in the United States (CFIUS), CNOOC Limited and Nexen Inc. withdrew and resubmitted a Joint Voluntary Notice with respect to the proposed acquisition of Nexen by CNOOC Limited. Discussions with CFIUS continue, with a view to completing the CFIUS review [...]
Abundant supplies and concerns regarding the health of the global economy have sent oil prices on a steady decline since around mid-September. Earlier this week oil hit a three-month low as missed earnings from major industrial companies pressured prices lower. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has fallen 5.5 percent over [...]
CALGARY, Canada, October 25, 2012 /PRNewswire/ --Met Third Quarter Production Guidance and On-Track to Meet Annual Production GuidanceNexen Inc. (TSX, NYSE: NXY) today reported third quarter operating and financial results and provided an update on strategic priorities.Production volumes averaged 181,000 barrels of oil equivalent per day (boe/d), a [...]
Met Third Quarter Production Guidance and On-Track to Meet Annual Production GuidanceCALGARY, Oct. 25, 2012 /CNW/ - Nexen Inc. (TSX, NYSE: NXY) today reported third quarter operating and financial results and provided an update on strategic priorities.Production volumes averaged 181,000 barrels of oil equivalent per day (boe/d), a decrease from [...]
CALGARY, Oct. 10, 2012 /CNW/ - Nexen Inc. (TSX, NYSE: NXY) announced that it will release its third quarter 2012 financial and operating results in a press release to be issued on Thursday, October 25, 2012 at approximately 3:00 am Mountain Time.About NexenNexen Inc. is an independent, Canadian-based global energy company, listed on the Toronto and [...]
CALGARY, Oct. 3, 2012 /CNW/ - Nexen Inc. (TSX, NYSE: NXY) announces the regular quarterly interest payment on its 7.35% Subordinated Notes due 2043 of US$0.459375 per note, payable November 1, 2012, to note holders of record on October 15, 2012.The notes are listed for trading on the TSX: NXY.PR.U and the NYSE: NXYPRB.About NexenNexen Inc. is an [...]
CALGARY, Sept. 20, 2012 /CNW/ - Nexen Inc. (TSX, NYSE: NXY) announced today that the holders of its common shares and the holders of the cumulative redeemable class A rate reset preferred shares, series 2 (the "preferred shareholders") have approved the Plan of Arrangement, pursuant to the Arrangement Agreement entered into on July 23, 2012 (the [...]
CALGARY, Aug. 24, 2012 /CNW/ - Nexen Inc. (TSX, NYSE: NXY) announced today that it has filed its information circular and proxy statement (the "Circular") with Canadian securities regulators and the U.S. Securities Exchange Commission in preparation for its special meeting of shareholders to be held on Thursday, September 20, 2012 at 8:00 am [...]
CALGARY, Aug. 8, 2012 /CNW/ - Nexen Inc. (TSX, NYSE: NXY) today announced that we have completed the previously announced sale of a 40% interest in our northeast British Columbia shale gas assets to a consortium led by INPEX CORPORATION of Japan. The total consideration for the sale is $700 million, with 50% cash and a 50% capital carry, effective [...]
HONG KONG, July 23, 2012 /PRNewswire-Asia/ -- HIGHLIGHTSAll-cash price of US$27.50 per Nexen common share The price represents a premium of 61% to the closing price of Nexen's common shares on the NYSE on July 20, 2012, and a premium of 66% to Nexen's 20 trading-day volume-weighted average share price Delivers significant and immediate value to [...]
Performance at Buzzard & Usan Drives Increased Production and Cash FlowCALGARY, July 19, 2012 /CNW/ - Nexen Inc. (TSX: NXY) (NYSE: NXY) today reported second quarter 2012 operating and financial results and provided an update on strategic priorities.Production volumes averaged 213,000 barrels of oil equivalent per day (boe/d), a 5% increase from [...]