today reported first quarter 2012 operating and financial results and provided an update on strategic priorities.
Production volumes for the first quarter averaged 202,000 boe/d, which was around the midpoint of our expectations. We generated cash flow from operations of $670 million ($1.27/share
Long Lake Pad 12 Steaming, Regulatory Approvals Received for Future Pads
Nexen Inc.
today announced that we have reached two significant milestones in our plan to fill the Long Lake upgrader to capacity. We recently began steaming pad 12 on the Long Lake lease. Additionally, we have received [...]
Long Lake Pad 12 Steaming, Regulatory Approvals Received for Future Pads
CALGARY, April 16, 2012 /CNW/ - Nexen Inc.
today announced that we have reached two significant milestones in our plan to fill the Long Lake upgrader to capacity. We recently began steaming pad 12 on the Long Lake lease. Additionally, we have received the necessary [...]
announces the regular quarterly interest payment on its 7.35% Subordinated Notes due 2043 of US$0.459375 per note, payable May 1, 2012, to note holders of record on April 15, 2012.
The notes are listed for trading on the TSX: NXY.PR.U and the NYSE: NXYPRB.
today announced completion of the evaluation of our recent drilling success on the northeast fault block of the Appomattox structure. We have demonstrated contingent recoverable resource in the northeast block of approximately 215 mmboe (50 mmboe net to Nexen), with a range of 120 to [...]
today announced completion of the evaluation of our recent drilling success on the northeast fault block of the Appomattox structure. We have demonstrated contingent recoverable resource in the northeast block of approximately 215 mmboe (50 mmboe net to Nexen), with a range of 120 to 370 mmboe (25 to [...]
will hold its Annual General Meeting of Shareholders on Wednesday, April 25, 2012 at 11:00 am Mountain Time (1:00 pm Eastern Time) at the Hyatt Hotel in Calgary, Alberta.
An archived video of the meeting will be available on our website at www.nexeninc.com two business days after the conclusion of
Key Responsibilities Include Buzzard Operations and Golden Eagle Development
UXBRIDGE, UK -- (Marketwire) -- 03/06/12 -- Nexen Petroleum U.K. Ltd. has announced the appointment of Archie Kennedy to the position of Managing Director, UK. In this role Kennedy will be responsible for the efficient and reliable operations of Nexen's UK North Sea businesses, progressing the company's growth strategy in the region and maintaining a strong safety and environmental performance record.
West Africa Asset Expected to Drive Future Cash Flow Growth
CALGARY, ALBERTA -- (Marketwire) -- 02/24/12 -- Nexen Inc. (TSX, NYSE: NXY) announced today that first oil has been produced from the Usan field, offshore West Africa. The Usan floating production, storage and offloading (FPSO) vessel, of which Nexen has a 20% working interest, has a production capacity of 180,000 barrels per day (bbls/d).
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.
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