Nexen Visits Asian Companies About Shale Gas Joint Venture
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Nexen Inc., the Canadian oil producer with operations in Yemen and the North Sea, said company officials visited Asia seeking to establish a joint venture to develop natural gas deposits in western Canada.
Nexen wants to find a partner with expertise in producing and selling liquefied natural gas, said Marvin Romanow, chief executive officer. The Calgary-based company last month opened the books on its shale-gas resources for review by interested parties.