9th Deepwater China convention 2014

February 10, 2014

Major Oil Companies Show Great Interest in Southeast Asia According to Offshore Energy Today, CNOOC has an extensive exploration program this year and plans to drill roughly 155 exploration wells and acquire approximately 26.7 thousand kilometers of 2-Dimensional (2D) seismic data as well as approximately 19.4 thousand square kilometers of 3-Dimensional (3D) seismic data. Within the year, CNOOC will continue to strengthen the deepwater exploration. In 2014, the Company is targeted to a reserve replacement ratio (RRR) of over 100%.

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