Feb 10 (Reuters) - Opti Canada Inc (OPC.TO: Quote), under financial pressure due to persistently weak oil sands output, posted a narrower quarterly loss on Thursday, partly helped by higher foreign exchange gain.
Debt-heavy Opti, which has a minority stake in Nexen Inc's (NXY.TO: Quote) Long Lake oil sands project, posted a loss of C$26 million, or 9 Canadian cents a share, compared with a loss of C$212 million, or 75 Canadian cents a share, last year.
The company reported a C$81 million unrealized foreign exchange gain in the quarter. Last year it recorded a gain of C$36 million.
Revenue rose to C$81 million from C$43 million in the quarter.
Fourth-quarter bitumen production averaged about 28,100 barrels per day.
The company's shares closed at 29.5 Canadian cents on Wednesday on the Toronto Stock Exchange. (Reporting by Isheeta Sanghi in Bangalore; Editing by Jarshad Kakkrakandy)