{"id":5389,"date":"2011-10-26T16:50:17","date_gmt":"2011-10-26T20:50:17","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=5389"},"modified":"2011-10-26T16:50:17","modified_gmt":"2011-10-26T20:50:17","slug":"cnooc-ltd-reports-q3-2011-results","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/cnooc-ltd-reports-q3-2011-results\/","title":{"rendered":"CNOOC Ltd Reports Q3-2011 Results"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5390\" title=\"File photo of a CNOOC oil rig in China's Bohai Sea\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2011\/10\/CNOOC-Ltd-Oil-Rig.jpg\" alt=\"\" width=\"230\" height=\"153\" \/><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5397 alignright\" title=\"CNOOC Logo\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2011\/10\/CNOOC-Logo1.jpg\" alt=\"\" width=\"156\" height=\"144\" \/><\/p>\n<p>Dear <strong>PGM CAPITAL<\/strong> Blog readers,<br \/>\nToday, October 26 2011, CNOOC Ltd, \u00a0(NYSE: CEO, SEHK: 0883), reported its Q3-2011 financial results.<\/p>\n<p><strong>Highlights:<\/strong><\/p>\n<ul>\n<li>The total unaudited oil and gas sales revenues of the Company reached approximately\u00a0RMB46.26 billion\u00a0for the third quarter of 2011, representing a significant increase of 23.7% year over year.<\/li>\n<li>During the period, the Company made two new discoveries and nine successful appraisal wells.<\/li>\n<li>The Company&#8217;s average realized oil price rose 50.3% YOY to\u00a0US$112.04\u00a0per barrel while the Company&#8217;s average realized gas price increased 20.0% YOY toUS$5.18\u00a0per thousand cubic feet.<\/li>\n<\/ul>\n<div>Due to these results investors bid the stock up today in New York with <span style=\"color: #339966;\"><strong>US$ 8.32<\/strong> <strong>(+4.64%)<\/strong><\/span> to <strong>US$ 187.62<\/strong> a share<\/div>\n<div><a title=\"CNOOC LIMITED -2011 Third Quarter Review-\" href=\"http:\/\/www.cnoocltd.com\/encnoocltd\/tzzgx\/yjhtjcl\/Results\/images\/20111026845.pdf\" target=\"_blank\">Link to full Q3-2011 of CNOOC Ltd<\/a><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear PGM CAPITAL Blog readers, Today, October 26 2011, CNOOC Ltd, \u00a0(NYSE: CEO, SEHK: 0883), reported its Q3-2011 financial results. Highlights: The total unaudited oil and gas sales revenues of the Company reached approximately\u00a0RMB46.26 billion\u00a0for the third quarter of 2011, representing a significant increase of 23.7% year over year. During the period, the Company made<a href=\"https:\/\/www.pgmcapital.com\/nl\/cnooc-ltd-reports-q3-2011-results\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,23,9,24,10,12,26,15,1,18],"tags":[],"class_list":["post-5389","post","type-post","status-publish","format-standard","hentry","category-commodities","category-earnings-report","category-emerging-markets","category-energy","category-eric-panneflek","category-inflation","category-logistic","category-pgm-capital","category-uncategorized","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=5389"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5389\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=5389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=5389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=5389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}