Nexen Inc. Exec To Present At FirstEnergy Investor Conference

CALGARY, ALBERTA -- Nexen Inc. announces that Kevin Reinhart, Vice President - Corporate Planning and Business Development, will present at the following investor conference:

FirstEnergy / Societe Generale East Coast Canadian Energy Conference - New York

Date: Thursday, March 15, 2007

Time: 6:50 a.m. Mountain Time (8:50 a.m. Eastern Time)

We invite you to visit our website at www.nexeninc.com to view a live webcast of Kevin’s presentation. The webcast will be archived under the Investor’s section of our website.

Nexen Inc. is an independent, Canadian-based global energy company, listed on the Toronto and New York stock exchanges under the symbol NXY. We are uniquely positioned for growth in the North Sea, deep-water Gulf of Mexico, the Athabasca oil sands of Alberta, the Middle East and offshore West Africa. We add value for shareholders through successful full-cycle oil and gas exploration and development and leadership in ethics, integrity and environmental protection.