Last €116.72 EUR
Change Today -2.08 / -1.76%
Volume 0.0
As of 3:21 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

cnooc ltd-spon adr (NC2A) Snapshot

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09/8/14 - €155.00
52 Week Low
12/17/14 - €100.22
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Current Stock Chart for CNOOC LTD-SPON ADR (NC2A)

cnooc ltd-spon adr (NC2A) Details

CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil, natural gas, and other petroleum products. The company produces offshore crude oil and natural gas primarily in Bohai, Western South China Sea, Eastern South China Sea, and East China Sea in offshore China. It also has oil and gas assets in Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2013, the company owned net proved reserves of approximately 4.43 billion barrels-of-oil equivalent. It also provides bond issuance services. The company is based in Hong Kong, Hong Kong. CNOOC Limited is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. CNOOC Limited is a subsidiary of China National Offshore Oil Corporation.

17,553 Employees
Last Reported Date: 04/9/14

cnooc ltd-spon adr (NC2A) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

cnooc ltd-spon adr (NC2A) Key Developments

CNOOC Limited Announces New Mid-To-Large Sized Natural Gas Discovery Lingshui 25-1 on the Independent Deepwater Exploration

CNOOC Limited announced that the company has successfully made a new mid-to-large sized natural gas discovery Lingshui 25-1 on the independent deepwater exploration. The Lingshui 25-1 structure is located in the northeast of Ledong Sag in Qiongdongnan Basin of South China Sea, with an average water depth of about 980 meters. The discovery well Lingshui 25-1-1 was drilled and completed at a depth of about 4,000 meters and encountered the oil and gas pay zone with a total thickness of about 73 meters. The well was tested to produce about 35.6 million cubic feet of natural gas and 395 barrels of oil per day. Lingshui 25-1 is another mid-to-large sized natural gas discovery following Lingshui 17-2 that the Company made on independent deepwater exploration. The new discovery has not only opened up a new exploration chapter in deepwater area of northern South China Sea, but also further proven the good exploration prospects in deepwater area of Qiongdongnan Basin.

CNOOC Ltd. Presents at UBS 15th Greater China Conference, Jan-12-2015

CNOOC Ltd. Presents at UBS 15th Greater China Conference, Jan-12-2015 . Venue: Pudong Island Shangri-La, Shanghai, China.

CNOOC Ltd. Commences Production at Liuhua 34-2 Gas Field

CNOOC Limited announced that its Liuhua 34-2 gas field has commenced production. The Liuhua 34-2 gas field is located in the Eastern South China Sea with the water depth in the range of 850 to 1,250 meters. The gas field consists of one producing well and shares the existing facilities of Liwan 3-1 gas field for overall development. The gas field is producing approximately 30 million cubic feet per day and expected to reach its ODP designed peak production of approximately 45 million cubic feet per day in 2015. CNOOC Limited has a 51% working interest in Liuhua 34-2 gas field, while Husky Oil China Limited holds the remaining 49% working interest and acts as the operator.


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Price/Earnings 6.6x
Price/Sales 1.3x
Price/Book 1.0x
Price/Cash Flow 3.2x
TEV/Sales 0.4x

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