Posts Tagged ‘Quarter’
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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