We are confident that tight and well-scheduled operations with sufficient capital expenditure will lead to more solid growth in reserves and production, securing stronger long-term growth for the company.

245

We are bound together with most of the oilmen in this room.

237

Fluctuations in international oil prices are beyond China's control. We can only make sure the supply and production remain stable.

179

We can see from the later market performances that CNOOC has chosen a very good opportunity to withdraw.

154

CNOOC will become more active in exploring offshore China and overseas in 2006.

139

We're moving very fast on drilling projects, to access the potential reserves.

127

Many factors, including politics, are keeping the price up. It would be hard for oil prices to fall below US$50 a barrel this year.

117

The Chinese people and government are learning from the U.S.,

111

We hope (the) oil price will stay as high as today. The company will keep the production growth and contain costs (in the second half).

98