CALGARY, ALBERTA--(Marketwire - May 24, 2011) - Nexen Inc. (TSX:NXY) (NYSE:NXY) announces that Kevin Reinhart, Executive Vice President and CFO, will present at the following investor conference:

UBS Global Oil and Gas Conference - Austin, Texas

Date: Thursday, May 26, 2011

Time: 7:05 am Mountain Time (9:05 am Eastern Time)

We invite you to visit our website at to view a live webcast of Kevin's presentation. The webcast will be archived under the Investors 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. Nexen is focused on three growth strategies: oil sands and shale gas in Western Canada and conventional exploration and development primarily in the North Sea, offshore West Africa and deepwater Gulf of Mexico. Nexen adds value for shareholders through successful full-cycle oil and gas exploration and development, and leadership in ethics, integrity, governance and environmental stewardship.

Contact Information:

Kim Woima, CA
Manager, Investor Relations
(403) 699-5821

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