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Cnooc in Talks for Leases in U.S. Gulf

Monday, October 19, 2009
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According to an Oct. 19 report from The Wall Street Journal, Cnooc Ltd. is in talks with Norway's StatoilHydro ASA over a deal for a few leases in the U.S. Gulf of Mexico, a deal that would open the U.S. Gulf to China's oil companies for the first time, a person familiar with the matter said.

(Source: The Wall Street Journal)

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