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Latest Nexen News
Nexen hits new depths for major oil find - Globe and Mail
For Calgary-based Nexen, the discovery is significant but does not have an immediate impact, because The Company likely will not be producing oil before 2008. The size of the find Was not disclosed, although Nexen said “600 feet of net oil pay in multiple zones” Was found, industry jargon that indicates the discovery is a major One.
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