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Cnooc Ltd. – ‘20-F’ for 12/31/20 – ‘EX-15.10’

On:  Thursday, 4/22/21, at 6:02am ET   ·   For:  12/31/20   ·   Accession #:  950103-21-5896   ·   File #:  1-14966

Previous ‘20-F’:  ‘20-F’ on 4/22/20 for 12/31/19   ·   Latest ‘20-F’:  This Filing   ·   24 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/22/21  Cnooc Ltd.                        20-F       12/31/20  178:20M                                    Davis Polk & … LLP 01/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   1.85M 
                Non-Canadian Issuer                                              
 2: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     64K 
 6: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     44K 
 3: EX-11.1     Statement re: the Computation of Earnings Per       HTML    100K 
                Share                                                            
 4: EX-12.1     Statement re: the Computation of Ratios             HTML     47K 
 5: EX-12.2     Statement re: the Computation of Ratios             HTML     47K 
 7: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML    129K 
16: EX-15.10    Letter re: Unaudited Interim Financial Info         HTML     42K 
17: EX-15.11    Letter re: Unaudited Interim Financial Info         HTML     42K 
18: EX-15.12    Letter re: Unaudited Interim Financial Info         HTML     43K 
 8: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML    127K 
 9: EX-15.3     Letter re: Unaudited Interim Financial Info         HTML    123K 
10: EX-15.4     Letter re: Unaudited Interim Financial Info         HTML     84K 
11: EX-15.5     Letter re: Unaudited Interim Financial Info         HTML     82K 
12: EX-15.6     Letter re: Unaudited Interim Financial Info         HTML     67K 
13: EX-15.7     Letter re: Unaudited Interim Financial Info         HTML     44K 
14: EX-15.8     Letter re: Unaudited Interim Financial Info         HTML     43K 
15: EX-15.9     Letter re: Unaudited Interim Financial Info         HTML     43K 
25: R1          Document and Entity Information                     HTML     83K 
26: R2          Consolidated Statements of Profit or Loss and       HTML    136K 
                Other Comprehensive Income                                       
27: R3          Consolidated Statements of Financial Position       HTML    148K 
28: R4          Consolidated Statements of Changes in Equity        HTML    100K 
29: R5          Consolidated Statements of Cash Flows               HTML    118K 
30: R6          Corporate Information                               HTML    151K 
31: R7          Statement of Compliance                             HTML     46K 
32: R8          Changes in Accounting Policies and Disclosures      HTML     57K 
33: R9          Summary of Significant Accounting Policies          HTML    177K 
34: R10         Acquisition and Other Venture                       HTML     49K 
35: R11         Oil and Gas Sales and Marketing Revenues            HTML     57K 
36: R12         Segment Information                                 HTML    234K 
37: R13         Profit Before Tax                                   HTML    115K 
38: R14         Finance Costs                                       HTML     83K 
39: R15         Key Management Personnel's Remuneration             HTML    267K 
40: R16         Five Highest Paid Employees                         HTML     83K 
41: R17         Tax                                                 HTML    157K 
42: R18         Earnings Per Share                                  HTML     72K 
43: R19         Dividends                                           HTML     61K 
44: R20         Property, Plant and Equipment                       HTML    119K 
45: R21         Right-Of-Use Assets                                 HTML     91K 
46: R22         Intangible Assets                                   HTML    105K 
47: R23         Investments in Associates                           HTML     85K 
48: R24         Investment in A Joint Venture                       HTML     85K 
49: R25         Equity Investments and Other Financial Assets       HTML     71K 
50: R26         Other Non-Current Assets                            HTML     46K 
51: R27         Inventories and Supplies                            HTML     56K 
52: R28         Trade Receivables                                   HTML     47K 
53: R29         Cash and Cash Equivalents and Time Deposits With    HTML     47K 
                Maturity Over Three Months                                       
54: R30         Trade and Accrued Payables                          HTML     46K 
55: R31         Contract Liabilities                                HTML     50K 
56: R32         Other Payables and Accrued Liabilities              HTML     54K 
57: R33         Loans and Borrowings                                HTML    178K 
58: R34         Lease Liabilities                                   HTML     53K 
59: R35         Provision for Dismantlement                         HTML     70K 
60: R36         Share Capital                                       HTML     99K 
61: R37         Reserves                                            HTML     49K 
62: R38         Related Party Transactions                          HTML    155K 
63: R39         Retirement Benefits                                 HTML     47K 
64: R40         Note to the Consolidated Statement of Cash Flows    HTML    106K 
65: R41         Commitments and Contingencies                       HTML     57K 
66: R42         Financial Instruments                               HTML     87K 
67: R43         Concentration of Customers                          HTML     55K 
68: R44         Financial Risk Management Objectives and Policies   HTML     72K 
69: R45         Charges on Assets                                   HTML     45K 
70: R46         Subsequent Events                                   HTML     46K 
71: R47         Approval of the Financial Statements                HTML     46K 
72: R48         Summary of Significant Accounting Policies          HTML    246K 
                (Policies)                                                       
73: R49         Corporate Information (Tables)                      HTML    145K 
74: R50         Oil and Gas Sales and Marketing Revenues (Tables)   HTML     54K 
75: R51         Segment Information (Tables)                        HTML    230K 
76: R52         Profit Before Tax (Tables)                          HTML    116K 
77: R53         Finance Costs (Tables)                              HTML     82K 
78: R54         Key Management Personnel's Remuneration (Tables)    HTML    267K 
79: R55         Five Highest Paid Employees (Tables)                HTML     83K 
80: R56         Tax (Tables)                                        HTML    148K 
81: R57         Earnings Per Share (Tables)                         HTML     72K 
82: R58         Dividends (Tables)                                  HTML     59K 
83: R59         Property, Plant and Equipment (Tables)              HTML    111K 
84: R60         Right-Of-Use Assets (Tables)                        HTML     86K 
85: R61         Intangible Assets (Tables)                          HTML    100K 
86: R62         Investments in Associates (Tables)                  HTML     86K 
87: R63         Investment in A Joint Venture (Tables)              HTML     85K 
88: R64         Equity Investments and Other Financial Assets       HTML     66K 
                (Tables)                                                         
89: R65         Inventories and Supplies (Tables)                   HTML     55K 
90: R66         Contract Liabilities (Tables)                       HTML     48K 
91: R67         Other Payables and Accrued Liabilities (Tables)     HTML     54K 
92: R68         Loans and Borrowings (Tables)                       HTML    180K 
93: R69         Lease Liabilities (Tables)                          HTML     52K 
94: R70         Provision for Dismantlement (Tables)                HTML     68K 
95: R71         Share Capital (Tables)                              HTML     88K 
96: R72         Related Party Transactions (Tables)                 HTML    143K 
97: R73         Note to the Consolidated Statement of Cash Flows    HTML    106K 
                (Tables)                                                         
98: R74         Commitments and Contingencies (Tables)              HTML     52K 
99: R75         Financial Instruments (Tables)                      HTML     81K 
100: R76         Concentration of Customers (Tables)                 HTML     54K  
101: R77         Financial Risk Management Objectives and Policies   HTML     56K  
                (Tables)                                                         
102: R78         Corporate Information (Details)                     HTML    260K  
103: R79         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     50K  
                Impairment of financial assets (Details)                         
104: R80         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash   HTML     46K  
                and cash equivalents (Details)                                   
105: R81         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     44K  
                Share-based payment transactions (Details)                       
106: R82         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     46K  
                Leases (Details)                                                 
107: R83         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     45K  
                Convenience translation (Details)                                
108: R84         ACQUISITION AND OTHER VENTURE - Share purchase      HTML     61K  
                agreement (Details)                                              
109: R85         ACQUISITION AND OTHER VENTURE - Equity transfer     HTML     49K  
                agreement (Details)                                              
110: R86         Oil and Gas Sales and Marketing Revenues (Details)  HTML     60K  
111: R87         SEGMENT INFORMATION - Segment results (Details)     HTML    153K  
112: R88         SEGMENT INFORMATION - Geographical information      HTML     70K  
                (Details)                                                        
113: R89         SEGMENT INFORMATION - Information about major       HTML     54K  
                customers (Details)                                              
114: R90         Profit Before Tax (Details)                         HTML    102K  
115: R91         Finance Costs (Details)                             HTML     64K  
116: R92         Finance Costs - Narrative (Details)                 HTML     49K  
117: R93         KEY MANAGEMENT PERSONNEL'S REMUNERATION -           HTML    124K  
                Directors' remuneration (Details)                                
118: R94         KEY MANAGEMENT PERSONNEL'S REMUNERATION - Other     HTML     60K  
                key management personnel's (excluding Directors')                
                remuneration (Details)                                           
119: R95         FIVE HIGHEST PAID EMPLOYEES - Details of            HTML     59K  
                remuneration (Details)                                           
120: R96         FIVE HIGHEST PAID EMPLOYEES - Number of highest     HTML     64K  
                paid employees in each remuneration band (Details)               
121: R97         TAX - Income tax - Narrative (Details)              HTML     79K  
122: R98         TAX - Analysis of tax expense in the Group's        HTML     60K  
                consolidated statement of profit or loss and other               
                comprehensive income (Details)                                   
123: R99         TAX - Reconciliation of the PRC statutory           HTML     60K  
                corporate income tax rate to the effective income                
                tax rate (Details)                                               
124: R100        TAX - Movements of deferred tax liabilities net of  HTML     55K  
                deferred tax assets (Details)                                    
125: R101        TAX - Principal components of deferred tax          HTML     93K  
                balances (Details)                                               
126: R102        TAX - Other taxes (Details)                         HTML     62K  
127: R103        TAX - Special Oil Gain Levy (Details)               HTML     53K  
128: R104        Earnings Per Share (Details)                        HTML     63K  
129: R105        Dividends (Details)                                 HTML     62K  
130: R106        Property, Plant and Equipment (Details)             HTML     90K  
131: R107        Property, Plant and Equipment - Narrative           HTML     67K  
                (Details)                                                        
132: R108        Right-Of-Use Assets (Details)                       HTML    126K  
133: R109        Intangible Assets (Details)                         HTML    123K  
134: R110        INVESTMENTS IN ASSOCIATES - Particulars of          HTML     73K  
                principal associates (Details)                                   
135: R111        INVESTMENTS IN ASSOCIATES - The Group's             HTML     48K  
                investments in associates (Details)                              
136: R112        INVESTMENTS IN ASSOCIATES - The Groups share of     HTML     56K  
                the profits and other comprehensive income of its                
                associates in the consolidated financial                         
                statements (Details)                                             
137: R113        INVESTMENT IN A JOINT VENTURE - Particulars of the  HTML     59K  
                joint venture (Details)                                          
138: R114        INVESTMENT IN A JOINT VENTURE - Summarized          HTML     99K  
                financial information of the joint venture                       
                (Details)                                                        
139: R115        EQUITY INVESTMENTS AND OTHER FINANCIAL ASSETS -     HTML     64K  
                Equity investments (Details)                                     
140: R116        EQUITY INVESTMENTS AND OTHER FINANCIAL ASSETS -     HTML     51K  
                Other financial assets (Details)                                 
141: R117        EQUITY INVESTMENTS AND OTHER FINANCIAL ASSETS -     HTML     48K  
                Narrative (Details)                                              
142: R118        Other Non-Current Assets (Details)                  HTML     44K  
143: R119        Inventories and Supplies (Details)                  HTML     52K  
144: R120        Trade Receivables (Details)                         HTML     48K  
145: R121        Cash and Cash Equivalents and Time Deposits With    HTML     49K  
                Maturity Over Three Months (Details)                             
146: R122        Trade and Accrued Payables (Details)                HTML     46K  
147: R123        Contract Liabilities (Details)                      HTML     50K  
148: R124        Other Payables and Accrued Liabilities (Details)    HTML     61K  
149: R125        LOANS AND BORROWINGS - Current (Details)            HTML    112K  
150: R126        LOANS AND BORROWINGS - Non-current (Details)        HTML     96K  
151: R127        LOANS AND BORROWINGS - Details of notes (Details)   HTML    116K  
152: R128        LOANS AND BORROWINGS - Narrative (Details)          HTML     68K  
153: R129        LOANS AND BORROWINGS - Maturities of long term      HTML     61K  
                loans (Details)                                                  
154: R130        LOANS AND BORROWINGS - Supplemental information     HTML     53K  
                with respect to long term loans (Details)                        
155: R131        Lease Liabilities (Details)                         HTML     65K  
156: R132        Provision for Dismantlement (Details)               HTML     73K  
157: R133        SHARE CAPITAL - Issued share capital (Details)      HTML     49K  
158: R134        SHARE CAPITAL - Share option schemes - Narrative    HTML     63K  
                (Details)                                                        
159: R135        SHARE CAPITAL - Details of share option schemes     HTML     75K  
                (Details)                                                        
160: R136        Reserves (Details)                                  HTML     46K  
161: R137        RELATED PARTY TRANSACTIONS - Narrative (Details)    HTML     47K  
162: R138        RELATED PARTY TRANSACTIONS - A summary of           HTML    150K  
                significant related party transactions (Details)                 
163: R139        Retirement Benefits (Details)                       HTML     57K  
164: R140        Note to the Consolidated Statement of Cash Flows    HTML     81K  
                (Details)                                                        
165: R141        Note to the Consolidated Statement of Cash Flows -  HTML     72K  
                Reconciliation of liabilities arising from                       
                financing activities (Details)                                   
166: R142        COMMITMENTS AND CONTINGENCIES - Capital             HTML     53K  
                commitments (Details)                                            
167: R143        FINANCIAL INSTRUMENTS - Fair value of financial     HTML     44K  
                instruments - Narrative (Details)                                
168: R144        FINANCIAL INSTRUMENTS - Fair value hierarchy -      HTML     84K  
                Assets (Details)                                                 
169: R145        FINANCIAL INSTRUMENTS - Fair value hierarchy -      HTML     45K  
                Transfer between different levels of fair value                  
                hierarchy (Details)                                              
170: R146        Concentration of Customers (Details)                HTML     61K  
171: R147        FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES   HTML     55K  
                - Credit risk and management assessment (Details)                
172: R148        FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES   HTML     55K  
                - Currency risk (Details)                                        
173: R149        FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES   HTML     48K  
                - Interest rate risk (Details)                                   
174: R150        FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES   HTML     47K  
                - Liquidity risk (Details)                                       
175: R151        FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES   HTML     58K  
                - Capital management (Details)                                   
177: XML         IDEA XML File -- Filing Summary                      XML    319K  
176: EXCEL       IDEA Workbook of Financial Reports                  XLSX    235K  
19: EX-101.INS  XBRL Instance -- ceo-20201231                        XML   6.94M 
21: EX-101.CAL  XBRL Calculations -- ceo-20201231_cal                XML    391K 
22: EX-101.DEF  XBRL Definitions -- ceo-20201231_def                 XML   1.59M 
23: EX-101.LAB  XBRL Labels -- ceo-20201231_lab                      XML   3.97M 
24: EX-101.PRE  XBRL Presentations -- ceo-20201231_pre               XML   2.28M 
20: EX-101.SCH  XBRL Schema -- ceo-20201231                          XSD    492K 
178: ZIP         XBRL Zipped Folder -- 0000950103-21-005896-xbrl      Zip    485K  


‘EX-15.10’   —   Letter re: Unaudited Interim Financial Info


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

Exhibit 15.10

 

Consent of DeGolyer and MacNaughton

 

We consent to the reference to DeGolyer and MacNaughton in the form and context in which it appears in the Annual Report on Form 20-F of CNOOC Limited, for the year ended December 31, 2020, to the inclusion herein of our report dated January 22, 2021, concerning our opinion on the proved reserves as of December 31, 2020, for CNOOC Limited, and to the incorporation by reference in any Registration Statement on Form F-3 and related Prospectus Supplements of CNOOC Limited for the registration of debt securities and guarantees previously filed with the Securities and Exchange Commission.

 

 

  Submitted,  
     
  /s/ DeGolyer and MacNaughton  
     
 

DeGOLYER and MacNAUGHTON

Texas Registered Engineering Firm F-716

  

Dallas, Texas

March 17, 2021

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘20-F’ Filing    Date    Other Filings
Filed on:4/22/216-K
3/17/21
1/22/216-K
For Period end:12/31/20
 List all Filings 


24 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/22/20  Cnooc Ltd.                        20-F       12/31/19  192:21M                                    Davis Polk & … LLP 01/FA
 9/30/19  Cnooc Ltd.                        6-K         9/30/19    6:202K                                   Davis Polk & … LLP 01/FA
 9/20/19  Cnooc Ltd.                        POSASR      9/20/19   13:1.1M                                   Donnelley … Solutions/FA
 4/20/18  Cnooc Ltd.                        F-3ASR      4/20/18   13:1M                                     Donnelley … Solutions/FA
 4/21/17  Cnooc Ltd.                        20-F       12/31/16   17:5.6M                                   Davis Polk & … LLP 01/FA
 3/17/16  JPMorgan Chase Bank N… Depositary F-6EF       3/17/16    4:384K Cnooc Ltd.                        E-Data Systems, Inc./FA
 5/05/15  Cnooc Ltd.                        6-K         5/05/15    1:384K                                   Davis Polk & … LLP 01/FA
 4/27/15  Cnooc Ltd.                        POSASR      4/27/15   15:1.4M                                   Donnelley … Solutions/FA
 4/22/15  Cnooc Ltd.                        20-F       12/31/14   20:11M                                    Davis Polk & … LLP 01/FA
 5/01/14  Cnooc Ltd.                        6-K         5/01/14    1:176K                                   Donnelley … Solutions/FA
 4/22/14  Cnooc Ltd.                        POSASR      4/22/14   16:905K                                   Donnelley … Solutions/FA
 5/09/13  Cnooc Ltd.                        6-K         5/09/13    1:220K                                   Donnelley … Solutions/FA
 5/01/13  Cnooc Ltd.                        F-3ASR      5/01/13   14:1.1M                                   Donnelley … Solutions/FA
 4/24/13  Cnooc Ltd.                        20-F       12/31/12   20:13M                                    Davis Polk & … LLP 01/FA
 3/22/13  Cnooc Ltd.                        6-K         3/22/13    6:657K                                   Davis Polk & … LLP 01/FA
 3/30/12  Cnooc Ltd.                        6-K         3/30/12    1:881K                                   Davis Polk & … LLP 01/FA
 4/29/11  Cnooc Ltd.                        20-F       12/31/10   11:12M                                    Davis Polk & … LLP 01/FA
 5/08/09  Cnooc Ltd.                        20-F       12/31/08    7:5.6M                                   Davis Polk & … LLP 01/FA
 6/26/08  Cnooc Ltd.                        20-F       12/31/07    9:9.2M                                   Davis Polk & … LLP 01/FA
 6/26/06  Cnooc Ltd.                        20-F       12/31/05   20:1.2M                                   Sidley Austin LLP/FA
 6/22/05  Cnooc Ltd.                        20-F       12/31/04    6:795K                                   Sidley Austin LLP/FA
 6/23/04  Cnooc Ltd.                        20-F       12/31/03    1:811K                                   Sidley Austin LLP/FA
 5/13/03  Cnooc Ltd.                        20-F       12/31/02    3:833K                                   Sidley Austin LLP/FA
 5/23/02  Cnooc Ltd.                        20-F       12/31/01    3:529K                                   Sidley Austin LLP/FA
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Filing Submission 0000950103-21-005896   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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