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Vol. 13, No. 52 Week of December 28, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry

Nexen rescues junior partner

Becomes sole operator of Long Lake project, builds defenses against unwanted takeover bid; deal helps OPTI Canada meet cash call

Gary Park

For Petroleum News

Nexen and OPTI Canada, partners in the Long Lake oil sands project, know what it’s like to be caught in the rumor mill. The objects of apparently ill-founded takeover speculation earlier in December, they went on a stomach-churning roller-coaster ride that may have come to an end Dec. 17 when they s....

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Still at risk

Other potential problems


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