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

Bye bye Canada.

[mrbb]

 a monster size oil find in Australia. https://www.telegraph.co.uk/news/worldnews/australiaandthepacific/australia/9822955/Trillions-of-dollars-worth-of-oil-found-in-Australian-outback.html

This oil is light and closer to china and india than Canadian's sticky goo bitumen. Uninformed people like Chaffer thinks our bitumen automatically worth more if we leave it untapped. With all the investment and environmental restriction and political red tape, who want to invest into our oil sands???  Oh btw, US also have found large reserves in shale oil. Uh oh.