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| Name | Symbol | Market | Type |
|---|---|---|---|
| Cnooc Ltd | NYSE:CEO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.76 | 0 | 01:00:00 |
From May 2019 to May 2024
LONDON--UMC Energy Corporation (UEP.LN) said Friday the 3000 line kilometer 2D seismic acquisition program over the offshore Petroleum Prospecting Licenses, PPL374 and PPL375, held 100% by Gini Energy Ltd. continues to run to schedule, and no safety or environmental incidents have been reported.
MAIN FACTS:
-BGP PNG Exploration's 2D seismic acquisition vessel, the Dong Fang Kan Tan No. 1, to midnight on Dec. 26, has recorded 2031 line km of 2D data, which represents completion of 68% of the planned 2D survey.
-UMC Energy holds a 30% interest in Gini, with CNOOC Ltd. (0883.HK) holding a 70% interest.
-CNOOC is the operator of these permits and is funding the entire cost of this survey.
-UMC shares at 1105 GMT unchanged at 3 pence valuing the company at 15.74 million pounds.
-Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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