(MENAFN) China National Offshore Oil Corporation (CNOOC) Limited said that it targets a net production between 422 and 435 million barrels of oil equivalent in 2014, Xinhua reported
CNOOC said that its net production in 2013 was around 412 million barrels of oil equivalent, including 61 million barrels from the acquisition of Nexen Inc
CNOOC acquired Nexen in early 2013 for USD15.1 billion for all of its common and preferred shares
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