BNN energy reporter, Jameson Berkow, has confirmed that Nexen was the seller of $100 million of SE Alberta and SW Sask gas assets to Pine Cliff Energy.
The shallow gas assets are primarily located Outside Medicine Hat and near Maple Creek.
Confirmed: Nexen has indeed sold $100M worth of gas assets to Pine Cliff, spokesperson tells me, as Chinese-owned corp looks to cut costs
— Jameson Berkow (@crudereporter) July 18, 2014
See the map of Nexen’s conventional assets in Western Canada below: