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3Q Review – CNOOC Limited

CNOOC Limited · Sep 30, 2014 · 9 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 3Q Review – CNOOC Limited – slide 1
    CNOOC LIMITED 2014 Third Quarter Review Financial and Operating Highlights for the Quarter Ended September 30, 2014
  2. 3Q Review – CNOOC Limited – slide 2
    Overview Net production of 103.0 mm boe, remained flat from the same period of last year Operation Highlights Two new discoveries and nine successful appraisal wells New projects progressed on schedule Oil and gas sales…
  3. 3Q Review – CNOOC Limited – slide 3
    Production Summary 2014Q3* 2013Q3* Crude and Natural Total Crude and Natural Total Liquids Gas Liquids Gas (mm bbls) (bcf) (mm boe) (mm bbls) (bcf) (mm boe) China Bohai 36.8 12.6 38.9 34.9 9.7 36.5 Western South China Sea 6.8…
  4. 3Q Review – CNOOC Limited – slide 4
    Revenues and Capital Expenditure 3 months ended Sep 30 9 months ended Sep 30 (Unaudited) 2014 2013 %Change 2014 2013 %Change (RMB million) Sales Revenue Crude and Liquids 49,287 52,685 -6.4% 158,110 156,736 0.9% Natural Gas 4,281…
  5. 3Q Review – CNOOC Limited – slide 5
    Exploration Highlights Gabon - BCD10 Jinzhou09 Well Type Status Well Type Status Luda21-2-2/Sa Appraisal Successful Leopard-1* Wildcat Successful Jinzhou23-2-3 Appraisal Successful Jinzhou23-2-5 Appraisal Successful…
  6. 3Q Review – CNOOC Limited – slide 6
    Successful Exploration Program New Discovery Jinzhou23-2 Located in Liaodong Uplift Confirmed as a commercial discovery after recent successful appraisals JZ23-2 JZ23-2-3 encountered oil and gas pay LD21-2 zones with total…
  7. 3Q Review – CNOOC Limited – slide 7
    Major New Projects in 2014 Gross Peak Project Location Status Expected Startup Production Working Interests (boe/day) Kenli 3-2 Bohai On stream First half 35,000 100% Panyu 10-2/5/8 Eastern South On stream Second half 13,000 100%…
  8. 3Q Review – CNOOC Limited – slide 8
    HSE Performance Health, safety and environment protection are always our top priority. Continue to closely monitor the production operations of all oil and gas fields. Continue to proactively perform social responsibilities.…
  9. 3Q Review – CNOOC Limited – slide 9
    http://www.cnoocltd.com

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