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Summary

Highlights from 2007 included being named to the Dow Jones Sustainability Index for the seventh year and taking steps to enhance process safety management across the company

Report Highlights

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Nexen Inc., the Canadian-based global energy company, has released its 2007 Sustainability Report entitled "Proven Values". Visit www.nexeninc.com to download the report.

Highlights from 2007 included being named to the Dow Jones Sustainability Index for the seventh year and taking steps to enhance process safety management across the company. Nexen also made progress in the environmental arena by preparing for new and proposed regulatory frameworks around greenhouse gas emissions and seeing positive operating results from their first wind power project.

Nexen's 2007 Sustainability Report provides expanded commentary around major performance indicators. Nexen reported against the Global Reporting Initiative’s G3 guidelines and had selected quantitative information verified by Pricewaterhouse Coopers. For the fifth consecutive year, Nexen enlisted an external stakeholder advisory group to provide guidance and feedback on the report’s content.

Nexen is a Canadian-based, global energy company growing value responsibly. The company is strategically positioned in some of the world's most exciting regions: the North Sea, deep-water Gulf of Mexico, Middle East, offshore West Africa and the Canadian Athabasca oil sands.

Nexen welcomes feedback on its report - email sustainability@nexeninc.com with comments or questions.

To order a hard copy of the 53-page full report or the 16-page summary report, email sustainability@nexeninc.com.