Nexen Inc. Presents at Scotia Capital Global Energy Summit 2007

Nexen Inc. announces that Brian Reinsborough, Chief Operating Officer, Nexen Petroleum USA, will present at the following investor conference:

Scotia Capital 2007 Global Energy Summit - Toronto, Ontario
Date:   Wednesday, February 14, 2007
Time:   12:00 p.m. Mountain Time (2:00 p.m. Eastern Time)

We invite you to visit our website at www.nexeninc.com to view a live webcast of Brian'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.