I. Company Profile

　　Cheap oil is Price in 1983 to the United Kingdom’s North Sea natural gas assets to form the basis of established, it is now the world’s leading independent oil exploration and production company. In Europe, the Americas and Australia and Asia in the 246 block property owners. 1996’s net assets of 990.5 million pounds, and total sales of 1.0125 billion pounds, net income of 142.5 million pounds. The deadline for the end of 1996, the company’s total oil and gas reserves (including proven and possible reserves) for 137 million tons of oil equivalent, of which oil and 112 million tons of natural gas and natural gas 025 million tons of oil equivalent oil and gas output was 12.1466 million tons of oil equivalent, oil and natural gas liquid production of 9634700 tons. Company’s board of directors comprising 16 members, including a chairman (GJHearne CBE), one vice chairman and CEO of one. In addition, the executive directors of six, seven non-executive directors. Executive directors responsible for finance, international affairs, exploration, technology, management and corporate development of the Group’s business.

　　Second, the scope of business

　　Mainly engaged in oil exploration and production activities

　　Third, the main area of operations

　　Mainly concentrated in the United Kingdom, Norway, Denmark, Italy and the United States Gulf of Mexico. The company is currently active in the Arabian Gulf, the Caspian Sea, Southeast Asia, Greece, Albania and Peru exploration and development activities.

　　4. Address Headquarters Address: Grand Buildings, Trafalgar, Trafalgar Square, London WC2N 5EJ
Tel: 44 (0171) 925 4000
Fax: 44 (0171) 925 4321