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

RE:First Nation won challenge to halt water license

[mrbb]

Oops, i forgot to mention this.

Fort Nelson First Nation says it has won a challenge stopping Nexen water license for fracturing in B.C.
• Fort Nelson First Nation (FNFN) says it has won a challenge against the B.C. government and Nexen Energy ULC. The first long-term water license granted in the Horn River Basin for shale gas fracturing has been cancelled, effective immediately, by the Environmental Appeal Board (EAB).
• The license, issued to Nexen in 2012, authorized the company to pump millions of cubic metres of water from Tsea Lake, a small lake in FNFN territory, each year until 2017.