CALGARY, ALBERTA -- (Marketwire) -- 02/23/12 -- Nexen Inc. has filed today its annual information form (AIF), audited consolidated financial statements and related management's discussion and analysis for the year ended December 31, 2011 with Canadian securities authorities. The AIF includes disclosure and reports relating to reserves data and
Nexen Inc. today reported 2011 fourth quarter and annual operating and financial results, and provided a progress update on its strategic priorities for 2012. In the fourth quarter, we generated cash flow from operations of $585 million, reflecting a 12% increase in production over the third quarter to 208,000 boe/d, and cash netbacks from oil and [...]
CALGARY, ALBERTA -- (Marketwire) -- 02/06/12 -- Nexen Inc. (TSX, NYSE:NXY) will discuss its 2011 fourth quarter and annual financial results in a conference call on Thursday, February 16th, 2012 at 7:00 am Mountain Time following the release of the results at approximately 4:00 am Mountain Time.
CALGARY, ALBERTA -- (Marketwire) -- 02/06/12 -- Nexen Inc. (TSX, NYSE: NXY) announces that Kevin Reinhart, Nexen's Interim President & CEO, will present at the following investor conference: Credit Suisse Energy Summit - Vail, Colorado Date: Thursday, February 9, 2012
CALGARY, ALBERTA -- (Marketwire) -- 01/09/12 -- Nexen Inc. (TSX, NYSE: NXY) announced today that Marvin Romanow, President and Chief Executive Officer, is leaving the company effective immediately.
Kevin Reinhart, Executive Vice President and Chief Financial Officer, has been appointed as interim President and Chief Executive Officer. Kevin will
CALGARY, ALBERTA -- (Marketwire) -- 01/04/12 -- Nexen Inc. announces the regular quarterly interest payment on its 7.35% Subordinated Notes due 2043 of US$0.459375 per note, payable February 1, 2012, to note holders of record on January 15, 2012.
CALGARY, ALBERTA -- (Marketwire) -- 11/30/11 -- Today, Nexen Inc. (TSX, NYSE: NXY) announced that we have concluded a joint venture with CNOOC Limited in the Gulf of Mexico. The joint venture will give CNOOC Limited a working interest in up to six deepwater exploration wells in the Gulf. Among the prospects included in the deal are the Kakuna
CALGARY, ALBERTA -- (Marketwire) -- 11/29/11 -- Nexen Inc. (TSX, NYSE: NXY) today announced that it has reached agreement to create a strategic partnership with a consortium led by INPEX CORPORATION of Japan regarding the development of our shale gas lands in the Horn River, Cordova and Liard basins in northeast BC. Nexen will sell a 40% working
CALGARY, ALBERTA -- (Marketwire) -- 11/29/11 -- Nexen Inc. (TSX, NYSE: NXY) today announced its 2012 production, cash flow and capital investment guidance and outlined operational expectations for the coming year.
'Our budget reflects growing cash flow, on a price-neutral basis, from significant cash margin expansion,' said Marvin Romanow
CALGARY, ALBERTA -- (Marketwire) -- 11/28/11 -- Nexen Inc. will hold its 2011 Investor Day on Thursday, December 1st, 2011. Marvin Romanow, President and CEO, and members of Nexen's management team will host an investor day webcast providing an update on our strategies and opportunities in our conventional assets and our unconventional assets
CALGARY, ALBERTA -- (Marketwire) -- 11/23/11 -- Nexen Inc. (TSX, NYSE: NXY) today reported it has been informed by the Government of Yemen that its application to extend the Production Sharing Agreement (PSA) on Block 14 (Masila) has not been accepted. As a result, the PSA will expire on December 17, 2011. The block will then be operated by a
CALGARY, ALBERTA -- (Marketwire) -- 11/21/11 -- Nexen Inc. will issue its 2012 operating plan along with production, cash flow and capital investment guidance in a press release to be released on November 29th, 2011 at approximately 4:30 a.m. Mountain Time (6:30 a.m. Eastern Time).