EXPLORERS USA 2005: No change for Nexen’s prized Gulf assetsNexen’s making waves with purchase of EnCana’s North Sea assets; deal troubles rating agencies, triggers plans to divest assets Gary Park Petroleum News Calgary Correspondent
In the mythical world of win-win there is usually a consensus over who actually won and who lost, but Calgary cross-town rivals — EnCana and Nexen — both emerged apparently on level terms from a startling deal last fall.
For US$2.1 billion, Nexen bought EnCana’s British assets, including the 43.2 pe....
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CEO: Nexen ‘significant player’ in North Sea Gulf interests won’t be sold Nexen drilling two Gulf wells, two more scheduled Company will operate in oil sands
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