CNOOC announced today (23) the purchase of Canadian oil company Nexen for 15.1 billion dollars. The CNOOC is the largest state in the oil industry of China. With the acquisition, the company will expand its operations in markets Canadian, British, Mexican and Nigerian.

 

 

According to material fact sent to the Hong Kong stock market, on Monday, the CNOOC will pay $ 27.5 per share of the Canadian company. The amount represents a premium of 61% on the closing price of the shares of Nexen, the last trading day on Friday.

 

"We are considering a higher value of at least 15.1 billion dollars," said the Chinese company said in a statement. The CNOOC will also use its own resources and external financing to pay off the operation.

 

 

Last year, Nexen produced about 207,000 barrels of oil per day. The Canadian company has assets of conventional oil and gas, oil sands and shale gas.