SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For April 28, 2006
CNOOC Limited
(Translation of registrant's name into English)
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65th Floor
Bank of China Tower
One Garden Road
Central, Hong Kong
(Address of principal executive offices)
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(Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): N/A.)
Company Press Release
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CNOOC Limited Expands Overseas Exploration to Kenya
(Hong Kong, April 28, 2006) - CNOOC Limited ("the Company", NYSE: CEO, SEHK:
883,) announced today that its subsidiary, CNOOC Africa Limited has signed
production sharing contracts (PSCs) for six blocks in Kenya.
These six PSCs cover blocks named Block 1, Block 9, Block10A, L2, L3, and L4
in Kenya. The blocks are located in three basins of
LAMUi(cent)ANZAi(cent)MANDERA, with a total area of 115,343 square kilometers.
Signing of these six PSCs indicates CNOOC Limited has successfully extended
its overseas exploration activities to East Africa. This vast area has
attractive untapped exploration potential, although it is not yet a mature oil
and gas producing area. The exploration period of the PSCs will be divided
into three phases. During the period, the Company will take on some amount of
work commitment.
Mr.Zhu Mingcai, Vice President of the Company and General Manager of CNOOC
International Limited said, "Increasing exploration areas are important for
E&P companies. I believe that our presence in Kenya will be a significant step
in the right direction."
Mr Fu Chengyu, Chairman and CEO of the Company commented, "I am pleased to see
the signing of these agreements in a friendly country such as Kenya. It will
likely facilitate our long-term growth potential."
- End -
Notes to Editors:
More information about the Company is available at http://www.cnoocltd.com.
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This press release contains statements that are not historical facts,
including statements about beliefs and expectations of the directors of the
Company on the Company and its development and future plans. These
forward-looking statements reflect the directors' current views with respect
to future events and are not a guarantee of future performance, and therefore
shareholders and potential investors should not place undue reliance on them.
The directors of the Company undertake no obligation to update or revise
publicly any of these forward-looking statements, whether in light of new
information, future events or otherwise.
Forward-looking statements involve inherent risks and uncertainties.
Shareholders and potential investors are cautioned that a number of factors
could cause actual results to differ materially from those contained in any
forward-looking statement. Such factors include, but are not limited to,
changes in the Chinese economic, political and social conditions and
government policies and in the oil and gas industry.
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For further enquiries, please contact:
Mr. Xiao Zongwei
General Manager of Investor Relations
CNOOC Limited
Tel: +86-10-8452-1646
Fax: +86-10-8452-1441
E-mail: xiaozw@cnooc.com.cn
Ms. Sharon Fung
Ketchum Newscan Public Relations Ltd
Tel: +852-3141-8082
Fax: +852-2510-8199
E-mail: Sharon.Fung@knprhk.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report on Form 6-K to be signed
on its behalf by the undersigned, thereunto duly authorized.
CNOOC Limited
By: /s/ Victor Zhikai Gao
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Name: Victor Zhikai Gao
Title: Company Secretary
Dated: April 28, 2006