CNOOC Limited - Kenli 3-2 Oilfields Start Production

HONG KONG, May 12, 2014 /CNW/ - CNOOC Limited (the "Company", NYSE: CEO, SEHK: 
00883, TSX: CNU) today announced that its Kenli 3-2 oilfields have commenced 
production. 
The Kenli 3-2 oilfields, located in the southern Bohai Sea, consists of Kenli 
3-2, Bozhong 34-6/7, southern part of Bozhong 29-4 and Bozhong 35-2 oilfields. 
The average water depth is approximately 20 meters. The primary production 
facilities include 7 offshore platforms and 1 onshore oil processing terminal. 
The peak production of the oilfields is estimated around 35,000 barrels per 
day. 
The Company holds 100% interest of the oilfields. 
Notes to Editors: 
More information about the Company is available at http://www.cnoocltd.com. 
This press release includes "forward-looking statements" within the meaning of 
the United States Private Securities Litigation Reform Act of 1995, including 
statements regarding expected future events, business prospectus or financial 
results. The words  "expect", "anticipate", "continue", "estimate", 
"objective", "ongoing", "may", "will", "project", "should", "believe", 
"plans", "intends" and similar expressions are intended to identify such 
forward-looking statements. These statements are based on assumptions and 
analysis made by the Company in light of its experience and perception of 
historical trends, current conditions and expected future developments, as 
well as other factors that the Company believes reasonable under the 
circumstances. However, whether actual results and developments will meet the 
Company's expectations and predictions depends on a number of risks and 
uncertainties which could cause the actual results, performance and financial 
conditions to differ materially from the Company's expectations, including 
those associated with fluctuations in crude oil and natural gas prices, the 
exploration or development activities, the capital expenditure requirements, 
the business strategy, whether the transactions entered into by the Company 
can complete on schedule pursuant to its timetable or at all, the highly 
competitive nature of the oil and natural gas industries, the foreign 
operations, environmental liabilities and compliance requirements, and 
economic and political conditions in the People's Republic of China. For a 
description of these and other risks and uncertainties, please see the 
documents the Company has filed from time to time with the United States 
Securities and Exchange Commission, including 2012 Annual Report on Form 20-F 
filed on April 24, 2013. 
Consequently, all of the forward-looking statements made in this press release 
are qualified by these cautionary statements. The Company cannot assure that 
the results or developments anticipated will be realized or, even if 
substantially realized, that they will have the expected effect on the 
Company, its business or operations.
 

SOURCE  CNOOC Limited 
Ms. Michelle Zhang Deputy Manager, Media / Public Relations CNOOC Limited Tel: 
+86-10-8452-6642 Fax: +86-10-8452-1441 E-mail:MR@cnooc.com.cn 
Ms. Cathy Zhang Hill+Knowlton Strategies Asia Tel: +852-2894 6211 Fax: 
+852-2576 1990 E-mail:cathy.zhang@hkstrategies.com 
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CO: Nexen Inc.
NI: OIL FIELD COS  
-0- May/12/2014 09:02 GMT
 
 
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