Nexen Inc. 7.35% Sub Notes 2043 NXY.P.B

RE: deal approved

[ferret_ca]

personally i never thought there was ever a possibility that this deal was not going to go thru. pretty happy guy today though still. i just find it amazing how the hedge funds contolled the stock over the last coupla months and amazed at how out to lunch most of them were on the true facts involved in this deal. looks like most of em got burned in the end, looks good on them, lol. common sense does prevail once in a while, hahaha! the media also should have some egg on it's face, specially some of those clowns on bnn. i was a long time nxy employee and was still holding a lot of shares, mostly outside my rrsp so am sitting on some nice gains. mind you, like an idiot i watched nxy go to $37 years ago and didn't sell many then. at least now i can sell 1/2 in2012 and 1/2 in2013 to spread out the gains. don't think this will close in 2012 as there is still the usa approval needed for some of the gom properties, any problems there can be sorted out easily enough thru sales or whatever but it'll take a bit longer.

cheers and congrats to the longs, wooohooooooo

ferret

wi