Interest Payable on Nexen's 7.35% Subordinated Notes

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Tue Apr 6, 2010 7:00pm EDT 

  CALGARY, ALBERTA, Apr 06 (MARKET WIRE) -- 
Nexen Inc. announces the regular quarterly interest payment on its 7.35%
Subordinated Notes due 2043 of US$0.459375 per note, payable May 1, 2010,
to note holders of record on April 15, 2010.

    The notes are listed for trading on the TSX: NXY.PR.U and the NYSE:
NXYPRB.

    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 focused on three growth strategies: oil sands and unconventional
gas in Western Canada and conventional exploration and development
primarily in the North Sea, offshore West Africa and deep-water Gulf of
Mexico. We add value for shareholders through successful full-cycle oil
and gas exploration and development, and leadership in ethics, integrity,
governance and environmental stewardship.

Contacts:
Lavonne Zdunich, CA
Manager, Investor Relations
(403) 699-5821

Tim Chatten, P.Eng
Analyst, Investor Relations
(403) 699-4244

Nexen Inc.
801 - 7th Ave SW
Calgary, Alberta, Canada T2P 3P7
www.nexeninc.com

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