United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Month of November, 2006
Commission File Number: 1-14966
CNOOC Limited
(Translation of registrant’s name into English)
65th Floor
Bank of China Tower
One Garden Road
Central, Hong Kong
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not Applicable )
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CNOOC Limited | ||
| By: |
/s/ Victor Zhikai Gao | |
| Name: | Victor Zhikai Gao | |
| Title: | Company Secretary | |
Dated: November 1, 2006
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press release dated October 30, 2006, entitled “CNOOC Ltd. Starts Production from WZ 6-1” |
Exhibit 99.1
CNOOC Ltd. Starts Production from WZ 6-1
(Hong Kong, October 30, 2006) - CNOOC Limited (NYSE: CEO, SEHK: 883, “the Company”) announced today that it has successfully brought on stream Wei Zhou (WZ) 6-1, an independent oilfield in the Western South China Sea. The new field, via two wells, is producing over 2,500 barrels of oil per day currently.
WZ6-1 is located in the Beibu Gulf, about 65 kilometers from Beihai city, Guangxi province. The field, with an average water depth of 35 meters, is also near the producing filed WZ11-4 and WZ12-1.
There’s only one unmanned wellhead platform in WZ6-1 oil field. Its development mainly relied on the facilities and sub-sea pipelines of the adjacent WZ 12-1 oil field.
WZ 6-1 is expected to see 3,700 barrels of oil per day at its peak production.
Mr. Liu Jian, Executive Vice President of the Company commented, “The successful startup of WZ6-1, a marginal oil field, is a further evidence of the improvement of our ability to develop oil and gas resources. It’s also the Company’s new progress in implementing its rolling exploration strategy on Weixinan Trough in the Beibu Gulf.”
CNOOC Ltd. holds 100% interests of the field.
- End -
Notes to Editors:
More information about the Company is available at http://www.cnoocltd.com.
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This press release contains statements that are not historical facts, including statements about beliefs and expectations of the directors of the Company on the Company and its development and future plans. These forward-looking statements reflect the directors’ current views with respect to future events and are not a guarantee of future performance, and therefore shareholders and potential investors should not place undue reliance on them. The directors of the Company undertake no obligation to update or revise publicly any of these forward-looking statements, whether in light of new information, future events or otherwise. Forward-looking statements involve inherent risks and uncertainties. Shareholders and potential investors are cautioned that a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to, changes in the Chinese economic, political and social conditions and government policies and in the oil and gas industry.
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For further enquiries, please contact:
Mr. Xiao Zongwei
General Manager of Investor Relations
CNOOC Limited
Tel: +86-10-8452-1646
Fax: +86-10-8452-1441
E-mail: xiaozw@cnooc.com.cn
Ms. Sharon Fung
Ketchum Newscan Public Relations Ltd
Tel: +852-3141-8082
Fax: +852-2510-8199
E-mail: Sharon.Fung@knprhk.com