Skip to main content Toronto Stock Exchange Listing – CNOOC Limited Investor Presentation | Shale Experts
Loading...
Pm

Toronto Stock Exchange Listing – CNOOC Limited

CNOOC Limited · Sep 1, 2013 · 30 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. Toronto Stock Exchange Listing – CNOOC Limited – slide 1
    CNOOC Limited Toronto Stock Exchange Listing September 2013
  2. Toronto Stock Exchange Listing – CNOOC Limited – slide 2
    Content Corporate History CNOOC Limited Today Recent Performance Outlook TSX Listing Overview 3
  3. Toronto Stock Exchange Listing – CNOOC Limited – slide 3
    Corporate History
  4. Toronto Stock Exchange Listing – CNOOC Limited – slide 4
    CNOOC Limited Snapshot Dominant producer of offshore crude oil and natural gas in China One of the largest independent oil and gas Liuhua 11-1, China exploration and production companies in the world A listed company in HKEx and…
  5. Toronto Stock Exchange Listing – CNOOC Limited – slide 5
    Shareholding Structure A national oil company founded in 1982 Represents the state with exclusive rights for Public Shareholders CNOOC the exploitation of oil and gas resources offshore China in co-operation with foreign companies…
  6. Toronto Stock Exchange Listing – CNOOC Limited – slide 6
    CNOOC Limited IPO in 2001 As an exclusive E&P business of the parent company, CNOOC Limited conducted its IPO in both Hong Kong and New York in 2001 February 28, 2001 on Hong Kong Stock Exchange (HKEx) IPO Date February 27, 2001…
  7. Toronto Stock Exchange Listing – CNOOC Limited – slide 7
    Reserves and Production Growth Proven Reserve Growth (mmboe) 4,329 3,190 3,492 Nexen 2012 2,663 2,998 Contribution 2,363 2,529 2,601 2,521 2,128 2,230 2,016 1,787 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012…
  8. Toronto Stock Exchange Listing – CNOOC Limited – slide 8
    Historical Financial Performance Sales Revenue Net Profit 50 12 (Billion USD) 39.2 (Billion USD) 10.9 11 10.1 40 37.3 10 9 8.0 8 30 26.6 7 6.4 6 20 18.1 5 4.3 15.4 3.9 4.1 11.2 11.9 4 3.1 8.5 3 1.9 10 6.7 1.4 3.2 5.0 2 1.0…
  9. Toronto Stock Exchange Listing – CNOOC Limited – slide 9
    A Leader in Shareholders Return Historical Stock Price (HKD) (HK) 25 883.HK S&P500 Hang Seng Index Avg. compound annual return: 25.6% 20 15 10 5 -- 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013…
  10. Toronto Stock Exchange Listing – CNOOC Limited – slide 10
    Return on Capital We have maintained strong track record of generating high returns and competitive ROE and ROCE among peers (HK) ROE 40% 39% 32% 31% 28% 30% 29% 30% 26% 28% 25% 26% 22% 20% 18% 10% -- 2001 2002 2003 2004…
  11. Toronto Stock Exchange Listing – CNOOC Limited – slide 11
    CNOOC Limited Today
  12. Toronto Stock Exchange Listing – CNOOC Limited – slide 12
    Offshore China Core operation areas offshore China Beijing Bohai Bohai Western South China Sea Eastern South China Sea Qingdao East China Sea East Production Sharing Contracts China Sea Foreign partners bear all exploration…
  13. Toronto Stock Exchange Listing – CNOOC Limited – slide 13
    CNOOC Limited Global Operations We have assets in Asia, Africa, North America, South America, Oceania and Europe: Reserves outside of China account of 44% of 2012 year end total (plus Nexen) Production outside of China account for 33%…
  14. Toronto Stock Exchange Listing – CNOOC Limited – slide 14
    Corporate Governance Value the importance of sound corporate governance and have always upheld and executed high standard of business ethics Board of Directors Board Committees Recognitions Direct, guide and oversee Audit (3…
  15. Toronto Stock Exchange Listing – CNOOC Limited – slide 15
    Core Competencies Diversified Asset Large proved reserve base across offshore China and globally Portfolio Significant exploration potential with diversified global portfolio Exclusive rights to explore and develop oil and gas…
  16. Toronto Stock Exchange Listing – CNOOC Limited – slide 16
    Recent Performance
  17. Toronto Stock Exchange Listing – CNOOC Limited – slide 17
    Production Summary 1H 2013 1H 2012 Oil Gas Oil Gas (mm bbls) (bcf) (mm bbls) (bcf) China Bohai 72.3 23.7 72.0 22.9 Western South China Sea 12.7 60.2 12.6 63.9 Eastern South China Sea 27.3 26.6 20.1 25.3 East Sea 0.23 5.5 0.26 6.0…
  18. Toronto Stock Exchange Listing – CNOOC Limited – slide 18
    Exploration Highlights In 1H 2013, we made 7 new discoveries and 18 successful appraisal wells in offshore China, and 1 new discovery in overseas Offshore China Algeria Overseas RDA-1 Successful Appraisals Bohai Western South…
  19. Toronto Stock Exchange Listing – CNOOC Limited – slide 19
    Major New Projects in 2013 2013 new projects progressed on schedule Weizhou 6-12 and Wenchang 8-3E came on stream Offshore China Rochelle Gas Field in North Sea Overseas To come on stream in 2H Suizhong 36-1 Phase II Adjustment…
  20. Toronto Stock Exchange Listing – CNOOC Limited – slide 20
    1H 2013 Financial Summary RMB millions USD millions* (unaudited) 1H 2013** 1H 2012 %Change 1H 2013** 1H 2012 Sales Revenue Oil and Gas Sales 110,799 95,658 15.8% 17,903 15,103 Marketing Revenue 26,586 21,884 21.5% 4,296 3,455 Others…
  21. Toronto Stock Exchange Listing – CNOOC Limited – slide 21
    Dividend Established dividend policy Consider net earnings, capital requirements, near term business plan and financial flexibility 2013 Interim dividend: HK0.25 per share (tax inclusive) 25.9%(1) payout of 1H 2013 net profit…
  22. Toronto Stock Exchange Listing – CNOOC Limited – slide 22
    Nexen Update Nexens Calgary headquarters responsible for all of Nexens assets as well as CNOOC Limiteds North and Central American assets Nexen assets performing according to plan No disruptions to operations as a result of change of…
  23. Toronto Stock Exchange Listing – CNOOC Limited – slide 23
    Health, Safety and Environment Based on systematic management, we obtained good results in safety production through continuous improvement over the years Overview of HSE Health, safety and environmental protection are always our…
  24. Toronto Stock Exchange Listing – CNOOC Limited – slide 24
    Outlook
  25. Toronto Stock Exchange Listing – CNOOC Limited – slide 25
    Our Vision Our Vision is to become a world leading and respected international oil company with diversified portfolio o Strengthen foothold at home in offshore China o Expand and optimize our overseas business o Leverage from core…
  26. Toronto Stock Exchange Listing – CNOOC Limited – slide 26
    2013 Objectives and Outlook 2013 Key Objectives Reserves Target RRR ratio: 100% Development 10 new projects in offshore China scheduled to come on stream in 2013, more than 20 projects under construction 10% Production 6%…
  27. Toronto Stock Exchange Listing – CNOOC Limited – slide 27
    Social Responsibility and Corporate Citizen Striving to be a good corporate citizen Fulfilling the companys commitment to social responsibility in three key areas Driving Force for Sustainable Leading Force for Clean, Healthy and…
  28. Toronto Stock Exchange Listing – CNOOC Limited – slide 28
    TSX Listing Overview
  29. Toronto Stock Exchange Listing – CNOOC Limited – slide 29
    Overview of TSX Listing Rationale for Toronto Stock Exchange Listing TSX Listing Details Canada is an important investment destination for CNOOC Limited following its acquisition of Nexen TSX listing demonstrates our commitment to…
  30. Toronto Stock Exchange Listing – CNOOC Limited – slide 30
    http://www.cnoocltd.com

From the store

Browse maps, data & reports in the Shale Experts store