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Monday, February 25, 2013

BRIEF-CNOOC announces completion of Nexen Inc acquisition -filing, (NYSE: CEO), (NYSE: NXY), (TSE: NXY.TO)

CNOOC Ltd : * Announces completion of Nexen Inc acquisition -filing * Says pleased to announce that all of the conditions under the arrangement agreement have been fulfilled or waived * Says Nexen has become an indirectly wholly-owned subsidiary of the company

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 fell by 1.81% or $-3.59/share to $194.74. In the past year, the shares have traded as low as $171.58 and as high as $230.74. On average, 77642 shares of CEO exchange hands on a given day and today's volume is recorded at 111939.

Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY fell by 0.07% or $-0.02/share to $27.41. In the past year, the shares have traded as low as $14.63 and as high as $27.45. On average, 10587000 shares of NXY exchange hands on a given day and today's volume is recorded at 7780056.

Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.64% or $0.18/share to $28.15. In the past year, the shares have traded as low as $15.18 and as high as $28.13. On average, 1688040 shares of NXY.TO exchange hands on a given day and today's volume is recorded at 1142111.



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