Regulatory Approval Granted for $1.3 Billion Phase II Fort McMurray Long Lake Upgrader Expansion

SUGAR LAND--April 6, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Nexen Incorporated (NYSE:NXY) (Calgary, Alberta) and joint venture partner OPTI Canada Incorporated (Calgary) received regulatory approval in February for Phase II of the Long Lake upgrader project, which has an estimated total investment value of $1.3 billion.

Other companies featured: Fluor Corporation (NYSE:FLR)