Company Info

State or country Hong Kong

Geographical Location Asia

Assets $20,296 mil

Revenues $11,312 mil

Profits $3,940 mil

Return on invested
capital (ROIC) 23.5%

3 yr CGR % Revenues 29.893

Company data as of 9/11/07 provided by Standard & Poor's Compustat

Company Snapshot

CNOOC Limited engages in the exploration, development, and production of crude oil, natural gas, and other petroleum products in China.

It primarily conducts exploration and development activities in the Bohai Bay, the western south China Sea, the eastern south China Sea, and the east China Sea regions.

The company also holds equity interests in oil and gas properties in various countries and regions, including Indonesia, Australia, Canada, Morocco, Nigeria, and Myanmar.

CNOOC has rights to operate independently or in conjunction with international oil and gas companies in 134 exploration blocks covering approximately 627,271 square kilometers.

As of December 31, 2005, the company had estimated net proved reserves of 2,362.6 million barrels-of-oil equivalent, which consists of 1,457.4 million barrels of crude oil and condensate and 5,430.9 billion cubic feet of natural gas.

The company was founded in 1982 and is headquartered in Hong Kong.

CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

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Chengyu Fu, 55

TITLES

Executive Chairman, Chief Executive Officer, Member of International Advisory Board, President of China National Offshore Oil Corporation and Director of China National Offshore Oil Corporation

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35. CNOOC Ltd.