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Nexen Announces Oil Production at Usan Field off West Africa

Feb. 24 (Bloomberg) -- Nexen Inc. has begun producing oil from its Usan field off the coast of West Africa.

Production is expected to be 14,000 to 28,000 barrels a day this year for Nexen, which holds a 20 percent share, the company said in a statement today. Other owners are Total SA, Chevron Corp. and Exxon Mobil Corp., Nexen said.

Link to Statement:{NSN LZWHKL3V2801 <GO>}

Link to Company News:{CVX US <Equity> CN <GO>} Link to Company News:{FP FP <Equity> CN <GO>} Link to Company News:{NXY CN <Equity> CN <GO>} Link to Company News:{XOM US <Equity> CN <GO>}

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

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