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Stock Market & Financial Investment News

News Breaks
November 20, 2012
15:43 EDTNXY, CEONexen volatility elevated on concerns of announced CNOOC purchase
Nexen (NXY) December put option implied volatility is at 60, January is at 42, March is at 39; compared to its 26-week average of 36 according to Track Data, suggesting larger price movement on investors concerns about Canadian view on CNOOC (CEO) deal to acquire the company for $27.50 per share.
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July 31, 2014
06:50 EDTCEOCNOOC announces start of Panyu project production
CNOOC announced that its Panyu 10-2/5/8 project has commenced production. This project includes 3 oilfields, Panyu 10-2, Panyu 10-5 and Panyu 10-8 and was designed to share some facilities of Panyu 4-2 oilfield. The main newly-built production facilities include 1 wellhead platform and 9 producing wells. Currently there are 4 wells producing approximately 9K barrels per day, and the project is expected to hit its peak production of approximately 13K barrels per day in 2015. Panyu 10-2/5/8 is an independent project in which the company holds 100% interest.
July 29, 2014
05:51 EDTCEOCNOOC reports Lishui 36-1gas field starts production
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