RE: Icbo's post
NXY is not in a position to take a run at AXL at this time as the balance sheet is not there.As a merger of virtual equals this is not how JC would likely envision cashing out. Charlie Fischer has stated on a number occassions that Nexen will grow through the drill bit and is not lacking in short to medium term targets in the GOM and Middle East to expand its production in a low risk drilling program. This company is not flashy but has a reasonably diversified production profile and has some flexibility now that it has the 400 lb gorilla (OXY) off its back.