what will happen to OPTI and NEXEN after the market recover.' y, F9 W) j5 ~+ {6 Q& r$ h
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Opti UP? ' U7 n- s8 f& r* x% N. I# O @8 P# h2 q4 [4 N7 ~4 n
Nexen Down?
Nexen agreed to buy 15% of Opti's share in Longlake SAGD and Upgrader. Before the trade, they are at 50-50%, now 65% -35%, and Nexen become the only operator of Longlake and Upgrader.