North America; Wascana Energy Inc. , once known as SaskOil. Founded by Saskatchewan New Democratic Party Premier Allan Blakeney , Saskoil was later privatized by Progressive Conservative Premier Grant Devine . In 2001 the name was changed to Nexen Incorporated. Tags: Canadian Mega Companies , Nexen Permanent link to this article: http://www.adjigol.com/myblog/2012/06/07/canadian-mega-companies-nexen/