China's CNOOC Ltd expects its $15.1 billion takeover of Canadian oil and gas producer Nexen Inc to be closed in the first quarter of 2013 at earliest, an official with the firm's investment relations said on Friday. The company is still awaiting U.S. approval over its purchase of Nexen assets in the Gulf of Mexico, after Ottawa gave the greenlight for the deal earlier this month.
CNOOC Limited is an investment holding company. The Company, along with its subsidiaries, is a producer of offshore crude oil and natural gas and an independent oil and gas exploration and production company. Shares of CEO traded higher by 0.34% or $0.74/share to $216.64. In the past year, the shares have traded as low as $171.58 and as high as $234.00. On average, 80803 shares of CEO exchange hands on a given day and today's volume is recorded at 45917.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.04% or $0.01/share to $26.75. In the past year, the shares have traded as low as $14.63 and as high as $26.98. On average, 10573000 shares of NXY exchange hands on a given day and today's volume is recorded at 6197986.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.45% or $0.12/share to $26.62. In the past year, the shares have traded as low as $15.18 and as high as $26.70. On average, 1443870 shares of NXY.TO exchange hands on a given day and today's volume is recorded at 688794.
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