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- Built a sodium chlorate facility in Nanaimo, British Columbia.
- Purchased a sodium chlorate facility at Amherstburg, Ontario.
- Acquired McCormack Energy, Inc. (renamed CXY Energy Inc. and now named Nexen Petroleum U.S.A. Inc.) which increased our U.S. reserves by 70%.
- Acquired interests in various oil and gas fields in the U.S. Gulf of Mexico and the U.K. North Sea.
- Reduced our interests in the Athabasca oil sands.
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