Nexen Provides Update on Gulf of Mexico Deepwater Drilling Rig

Nexen Inc. (TSX: NXY) announces that it has signed an amended an ultra-deepwater semi-submersible drilling rig agreement with Ensco (NYSE:ESV).

The press release is quoted as saying:

Under the amended agreement, Nexen is entitled to a special rate until such time as the rig is mobilized to the first drilling location designated by Nexen.

Click here to access the entire press release