Cnooc Ltd. - ADR

NYSE:CEO   3:59:55 PM EDT
103.14
+0.43 (+0.42%)
4:00:00 PM EDT: $103.18 +0.04 (+0.04%)
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CNOOC LTD Stock, NYSE:CEO

65TH FLOOR BANK OF CHINA TOWER, 1 GARDEN RD, HONG KONG, CHINA 00000
Phone: (852) 2213 2500
Number of Employees: 20585

Description

CNOOC Limited, an investment holding company, explores for, develops, produces, and sells crude oil, natural gas, and other petroleum products. The company operates through Exploration and Production, and Trading Business. It 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; and Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2015, CNOOC Limited had net proved reserves of approximately 4.32 billion barrels-of-oil equivalent. It is also involved in the issuance of bonds. The company was incorporated in 1999 and is based in Central, 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.