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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:00 EDTNXY, CEONexen announces all required regulatory approvals received
Nexen (NXY) announced today that Nexen has received approval from the Committee on Foreign Investment in the United States with respect to the proposed acquisition of Nexen by CNOOC Limited (CEO), and now has all of the requisite approvals to proceed to close. The transaction is expected to close the week of February 25, 2013 and remains subject to customary closing conditions.
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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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