CNOOC Ltd. (CEO) Says CNOOC Signs Production Sharing Contract at Bohai

May 11, 2012 8:00 AM EDT
CNOOC Limited (NYSE: CEO) parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (ROC) for Block 09/05 in Bohai.

Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilometers and water depth of 4-10 meters.


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