OPTI Canada Announces Proposed Financing Plan and Production Update Nov 16, 2009
CALGARY, Nov. 16 /CNW/ - OPTI Canada Inc ('OPTI' or 'the Company') announced today that it intends to offer by way of private placement US$425 million of First Lien Senior Secured Notes ('Notes') (Canada Newswire)
ConocoPhillips May Sell Stakes in Canada's Syncrude Oil-Sands Projects Oct 29, 2009
Other partners in the venture include Canadian Oil Sands Trust, Imperial Oil Ltd., , Murphy Oil Corp., Nexen Inc. and Japans Mocal Energy Ltd.. Canadian Oil Sands Trust. (Bloomberg -- Canada)
Syncrude pleads not guilty over 2008 duck deaths Sep 15, 2009
Syncrude pleads not guilty in oil-sands duck deaths: Scientific American. Syncrude pleads not guilty in oil-sands duck deaths. (Scientific American)
Canadian Stocks Decline as Financials Follow Shares of U.S. Banks Lower Aug 12, 2009
Nexen Inc., the Calgary-based oil company that operates in the North Sea and Yemen, slipped 3. 4 percent to C$22. (Bloomberg -- Canada)
Canexus Income Fund Announces Second Quarter Results Jul 24, 2009
The Canexus Board of Directors is pleased to announce that Eric Miller, Vice President, General Counsel and Secretary of Nexen Inc., has joined the Board effective immediately. Mr. Miller has worked at Nexen since 1993, prior thereto having practised law in Calgary with Burnet, Duckworth & Palmer (1989-1993) in the corporate commercial area. (CCNMatthews Press Releases)
Bookman: Iraqis finally cheer American actions Jul 1, 2009
In Iraq, Americans pull back and Iraqis celebrate. 8:00 am June 30, 2009, by Jay. (Atlanta Journal-Constitution -- World)
Syncrude Blast Injures Four Workers; Alberta Oil-Sands Output Not Affected Jun 3, 2009
Syncrude is owned by a group that includes Imperial Oil Ltd., Petro-Canada, ConocoPhillips, Murphy Oil Corp., Nexen Inc. and Japans Mocal Energy Ltd. Canadian Oil Sands Trust is the lead owner of the venture and Imperial, which is 70 percent- owned by Exxon Mobil Corp., manages the plant, which extracts tar-like bitumen from sand and upgrades it to synthetic crude oil. To contact the reporter on this story: in Calgary at. (Bloomberg -- Canada)
Sentry Select Capital Inc. Announces Exchange Ratios for Sentry Select Canadian Income Exchange Fund May 16, 2009
7695 ---------------------------------------------------------------------------- Nexen Inc. NXY 23. 7126 2. (CCNMatthews Press Releases)
Canadian Stocks Retreat on Losses at Manulife, Sun Life; Goldcorp Advances May 8, 2009
a partner with Nexen Inc. in an oil-sands project, jumped 11 percent to C$3. 10, its highest level since November. (Bloomberg -- Canada)
OPTI Canada to Present at the Raymond James Oil Sands of Canada Conference Apr 30, 2009
The Long Lake Project is being operated in a joint venture with Nexen Inc. OPTI holds a 35 percent working interest in the joint venture ... Forward-Looking Statements Certain statements contained herein are forward-looking statements, including statements relating to: OPTI's operations; business prospects, expansion plans and strategies; OPTI's plans and expectations concerning the use and performance of the OrCrude(TM) process and other related technologies; the cost, development and operation... (Canada Newswire)
Nexen profit slumps Apr 29, 2009
CALGARY Nexen Inc. said Tuesday it reported a drop in both profit and revenue during its fiscal first quarter. The Calgary-based oil and gas company reported profit of $135-million or 26 cents per share for the quarter ended March 31, down sharply from year-earlier profit of $630-million or $1. (Globe and Mail -- Business)
OPTI Canada Announces First Quarter 2009 Results Apr 28, 2009
The Long Lake Project is being operated in a joint venture with Nexen Inc. OPTI holds a 35 percent working interest in the joint venture. OPTI's common shares trade on the Toronto Stock Exchange under the symbol OPC. FORWARD-LOOKING INFORMATION Certain statements contained herein are forward-looking statements, including, but not limited to, statements relating to: the expected production performance of the Long Lake Project and OPTI's other business prospects, expansion plans and strategies;... (Canada Newswire)
With PetroCan gone, who's next? Mar 24, 2009
Companies that have been often cited as takeover targets, such as Nexen Inc. and Talisman Energy Inc., both of which have attractive but disparate assets, each saw their stocks rise by about 10 per cent.. All eyes are on Exxon Mobil. (Globe and Mail)
TransCanada gets backing for shale gas line Feb 27, 2009
Companies operating in the Horn River region, including EnCana Corp., EOG Resources Inc., Nexen Inc. and others, have reported finding trillions of cubic feet of gas under their properties, ranking the discoveries among Canada's largest, but development of the field is in its early stages. TransCanada Corp.. (Globe and Mail -- Business)
Opti Canada loss balloons Feb 26, 2009
CALGARY Oilsands company Opti Canada Inc. reported its annual loss ballooned to $257-million in 2008 from a year-earlier $9-million on a $392-million pretax asset impairment provision related to sale of a working interest in the Long Lake project to joint venture partner Nexen Inc.. While commodity and financial markets continue to be challenging, we are pleased to have achieved key milestones early in 2009, said Sid Dykstra, president and CEO of Opti. (Globe and Mail -- Business)
OPTI Canada Announces Year End 2008 Results Feb 25, 2009
The Project is being operated in a joint venture with Nexen Inc. PROJECT STATUS First production of PSC(TM) from the Long Lake Project was achieved in January 2009 ... The Long Lake Project is being operated in a joint venture with Nexen Inc. OPTI holds a 35 percent working interest in the joint venture ... OPTI's common shares trade on the Toronto Stock Exchange under the symbol OPC. FORWARD-LOOKING INFORMATION Certain statements contained herein are forward-looking statements, including, but... (Canada Newswire)
Despite Q4 loss, Nexen posts record 2008 profit Feb 14, 2009
Despite posting a fourth quarter loss, Nexen Inc. on Thursday racked up record full-year profits in what proved to be a roller-coaster ride in 2008. The Calgary-based company said it made $1. (Calgary Herald)
Canada's Dollar Falls as Stimulus Skepticism Spurs Buying of U.S. Dollars Feb 13, 2009
Nexen Inc., the Calgary-based oil and natural-gas producer, posted a quarterly loss of C$181 million ($144 million), or 35 cents a share, partly on lower prices. That compared with net income of C$194 million ($155 million), or 36 cents, a year earlier. (Bloomberg -- Canada)
Nexen ends year with a loss Feb 13, 2009
CALGARY Nexen Inc. said Thursday that 2008 proved to be a profitable year due largely to high cash netbacks as well as elevated oil prices that persisted for much of the year. But the Calgary-based oil and gas firm said it felt the effects of the precipitous drop in commodity prices that marked the fourth quarter of 2008 and ultimately led to a loss for that period. (Globe and Mail -- Business)
Nexen bullish on its Long Lake project Feb 13, 2009
CALGARY -- Experimental oil sands technology received a boost Thursday after Nexen Inc. predicted its new Long Lake project will post positive results even with oil prices where they are today. The Calgary-based energy outfit produced its first drops of crude from Long Lake just three weeks ago and is now ramping up its steam-assisted gravity drainage oil sands project. (Canada.com)
Manulife reports on fourth quarter, Thursday Feb 8, 2009
Globe and Mail Update. February 6, 2009 at 2:43 PM EST. (Globe and Mail -- Business)
