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Tuesday, October 25, 2016

CNOOC Searches for Oil in U.S.

February 2, 2011

According to a report from the Associated Press, China's state-owned offshore oil and gas company is intensifying its search for oil in the western United StatesCNOOC Ltd. (CEO) announced it will pay $570m for a one-third stake in Chesapeake Energy Corp.'s drilling project in an emerging oil field in northeast Colorado and southeast Wyoming.

(Source: AP)


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