Nexen has announced a strategic partnership with INPEX and JGC Corporation for its northeastern British Columbia shale properties. The Japanese players will acquire a 40% interest in Nexen's Horn River, Cordova Embayment, and Liard Basin lands for Cdn$700 million (US$679 million), half of which will be in the form of a cost carry. As part of the venture, the companies will look into the feasibility of LNG export options, joining a growing number of players evaluating, and competing ...
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Nexen sells a 40% stake in its northeast British Columbia gas assets to INPEX and JGC for US$680 million PDF - 410.79 KB 7 Pages, 6 Tables, 2 Figures
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Deal insight | Nov 2011
Nexen sells a 40% stake in its northeast British Columbia gas assets to INPEX and JGC for US$680 million
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