[ET Net News Agency, 23 April 2018] CNOOC Limited (00883) said it proposes to issue
senior notes to professional investors.
The proceeds will be used in part to repay all or part of certain outstanding borrowings
of CNOOC's wholly-owned subsidiary Nexen Energy Capital Management U.S.A. Inc. The
remaining proceeds, if any, will be used for general corporate purposes. (HL)