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CNOOC Strengthens Presence in US with Shale Acquisition

CNOOC Strengthens Presence in US with Shale Acquisition
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摘要 CNOOC International Limited, a wholly owned subsidiary of CNOOC Limited (HK:00883), will purchase a 33.3% undivided interest in Chesapeake Energy Corporation’s 600 000 net oil and naturalgas lease hold acres in the Eagle Ford Shale project in South Texas. CNOOC Ltd. announced on October 10th. The consideration will be US$1. 08 billionin cash, subject to adjustment. In addition, CNOOC Limited has agreed to fund 75% of Chesapeake’s share of drilling and completion costs until an additional US$1. 08 billion has been paid, which Chesapeake expects to occur by year-end 2012.
出处 《China Chemical Reporter》 2010年第20期9-9,共11页 中国化工报导(英文版)
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