Nexen rescues junior partner
Becomes sole operator of Long Lake project, builds defenses against unwanted takeover bid; deal helps OPTI Canada meet cash call
For Petroleum News
Nexen and OPTI Canada, partners in the Long Lake oil sands project, know what itís 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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