Forestry on the Grow » Nexen http://www.forestryonthegrow.com Going Green for Our Forests Tue, 19 Jul 2011 19:45:49 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Nexen Announces Strong Fourth Quarter and Annual Financial Results Together With Excellent Reserve Adds http://www.forestryonthegrow.com/nexen-announces-strong-fourth-quarter-and-annual-financial-results-together-with-excellent-reserve-adds/ http://www.forestryonthegrow.com/nexen-announces-strong-fourth-quarter-and-annual-financial-results-together-with-excellent-reserve-adds/#comments Sat, 19 Dec 2009 20:12:50 +0000 http://www.forestryonthegrow.com/nexen-announces-strong-fourth-quarter-and-annual-financial-results-together-with-excellent-reserve-adds/ Nexen Announces Strong Fourth Quarter and Annual Financial Results Together With Excellent Reserve Adds
CALGARY, ALBERTA–(Marketwire – Feb. 18, 2010) – In 2009 we made significant progress on our three corporate strategies relating to the Athabasca oil sands, Horn River shale gas, and conventional exploration and development. Strong proved reserve adds allowed us to replace over 200% of our production. During the year, we generated cash flow of $2.2 billion ($4.25/share) and earnings of $536 …

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