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Economy Lab's Mike Moffatt on CNOOC's bid for Nexen

In this April 25, 2012 photo, Nexen chief executive Kevin Reinhart addresses the company's annual meeting in Calgary. Oil and gas producer Nexen Inc. has agreed to be acquired by China National Offshore Oil Company for US$15.1 billion cash.

Jeff McIntosh/The Canadian Press

News that China National Offshore Oil Corporation has bid $15.1-billion (U.S.) for Calgary-based Nexen Inc. has raised a lot of questions about what this deal would mean for Canada and its oil industry.

On July 24, Mike Moffatt took your questions in an online discussion. Mr. Moffatt is a lecturer in the Business, Economics and Public Policy (BEPP) group at the Richard Ivey School of Business and a regular contributor to Economy Lab.

Mobile users can view the discussion here.

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