Nexen (NXY) Begins Long Lake Streaming, Gains Approval for Expansion

April 16, 2012 6:52 AM EDT
Nexen Inc. (NYSE: NXY) reached two significant milestones in our plan to fill the Long Lake upgrader to capacity.

From the release: "We recently began steaming pad 12 on the Long Lake lease. Additionally, we have received the necessary regulatory approvals to proceed with the development of pads 14 and 15 at Long Lake and the Kinosis 1A area.

The wells on these pads are located in high-quality resource areas."


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News