LETTER L‐78‐09 ERICA M. HAMILTON SIXTH FLOOR, 900 HOWE STREET, BOX 250 COMMISSION SECRETARY VANCOUVER, B.C. CANADA V6Z 2N3 Commission.Secretary@bcuc.com TELEPHONE: (604) 660‐4700 web site: http://www.bcuc.com BC TOLL FREE: 1‐800‐663‐1385 FACSIMILE: (604) 660‐1102 Log No. 30480 VIA E‐MAIL ken_yewell@nexeninc.com diane_cameron@nexeninc.com September 14, 2009 Ms. Diane Cameron Vice President, Regulatory Affairs Nexen Marketing 1700 – 801, 7 th Avenue S.W. Calgary, AB T2P 3P7 Dear Ms. Cameron: Re: Nexen Marketing (“Nexen”) Application for a Licence to Market Natural Gas – Financial Statements The Commission is in receipt of Nexen’s response to Commission Information Request contained in L‐62‐09 dated August 28, 2009. In order to process Nexen Marketing’s Licence Renewal Application, the Commission requires the following information: 1. Please provide the audited financial statement for the most recently ended fiscal year for Nexen Marketing, on a stand‐alone‐basis. 2. Please provide a report detailing the Working Capital and the Current Ratio of Current Assets to Current Liabilities on a stand‐alone basis for Nexen Marketing on a month‐to‐month basis from January 2007 to present. 3. The Chief Financial Officer must confirm that the financial information contained in the reports were prepared by management in accordance with accounting principles generally accepted in Canada and within the framework of the company’s significant accounting policies. 4. If the report demonstrates that Nexen Marketing has not been in compliance with condition 2.4 of Commission Order A‐14‐08, please indicate what action(s) the Commission should take as appropriate penalty or remedy to the non‐compliance. Please provide this information to the Commission on or before October 2, 2009. If Nexen is unable to provide any of the listed information above, it should respond in writing, why the information cannot be provided and what remedy, if any, Nexen can suggest. Yours truly, Original signed by J. Torres for: Erica M. Hamilton Orders/L‐78‐09_Nexen Marketing _Financials_IR
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