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Timothy Smith

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Timothy Smith

Re: bigmoney13 post# 28

Wednesday, 08/26/2015 10:27:51 AM

Wednesday, August 26, 2015 10:27:51 AM

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Cnooc's H1 net production of oil and gas rose 13.5% Y/Y to 240.1M boe, but production in Canada, where its Nexen subsidiary operates, fell 15% to 10.5M boe.

Cnooc reiterates plans to increase full-year production by as much as 15% to as high as 495M boe, while cutting capex by as much as 35% to 70B yuan.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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