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CNOOC Limited (CEO) Submits App to Establish Eco 'Foundation'

December 29, 2011 7:10 AM EST
CEO Hot Sheet
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CNOOC Limited (NYSE: CEO) parent company, China National Offshore Oil Corporation, has officially submitted a registration application to Ministry of Civil Affairs of the People's Republic of China for establishment of "CNOOC Marine Environmental and Ecological Protection Public Welfare Foundation" ("The Foundation"). The Foundation was launched by CNOOC and contributed by the CNOOC Limited with RMB500 million as initial capital. The Board of Directors has approved the contribution plan for the Foundation.


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