CNOOC Completes Acquisition of Nexen for $15.1B
February 25, 2013 at 22:15 PM EST
CNOOC (NYSE: CEO ) announced today that it has completed its acquisition of Nexen (NYSE: NXY ). Total consideration of approximately US$15.1 billion has been paid for Nexen's common and preferred shares. (Logo: http://www.prnasia.com/sa/200701301659.jpg ) Mr. Wang Yilin, Chairman of CNOOC Limited said, "The Company is delighted to