Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
ANNOUNCEMENT REGARDING
OBTAINING OF CERTAIN APPROVAL IN CONNECTION WITH THE PROPOSED ACQUISITION OF NEXEN
Reference is made to the Company’s announcements dated 23 July 2012, 10 August 2012, 21 September 2012, 6 December 2012 and 28 January 2013 (the “Announcements”) and circular dated 20 December 2012 (the “Circular”) in relation to the Proposed Acquisition by the Company (through its wholly-owned subsidiary, the Purchaser) of the Nexen Shares pursuant to a Plan of Arrangement under the CBCA. Capitalized terms used herein shall have the same meanings as those defined in the Announcements and the Circular unless the context requires otherwise.
The Board is pleased to announce that the Company has been informed by the Committee on Foreign Investment in the United States that it has given formal approval in connection with the Proposed Acquisition.
Further announcement on the progress of the Proposed Acquisition will be made as appropriate.
Shareholders and potential investors should note that the Proposed Acquisition is subject to various conditions which may or may not be fulfilled. There is therefore no assurance that the Proposed Acquisition will proceed and, if it proceeds, on what terms it may proceed. Shareholders and potential investors are reminded to exercise caution when dealing in the Shares of the Company.
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By Order of the Board
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CNOOC Limited
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Zhong Hua
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Joint Company Secretary
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Hong Kong, 12 February 2013
As at the date of this announcement, the Board comprises the following:
Executive Directors
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Independent Non-executive Directors
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Li Fanrong
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Chiu Sung Hong
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Wu Guangqi
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Lawrence J. Lau
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Tse Hau Yin, Aloysius
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Wang Tao
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Non-executive Directors
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Wang Yilin (Chairman)
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Yang Hua (Vice Chairman)
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Zhou Shouwei
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Wu Zhenfang
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