BEIJING, April 28 (Reuters) - China's CNOOC Ltd 0883.HK ,
the country's offshore oil and gas specialist, reported a 30.7
percent decline in first-quarter revenue, as global oil prices
sank below $40 a barrel, the company said on Thursday.
Total oil and gas sales revenue, which was unaudited, was
24.64 billion yuan ($3.80 billion) in the first quarter, as
realised oil prices dropped 39.1 percent from a year ago to
$32.54 per barrel.
Total net production rose 5.1 percent over the year-ago
period to 124.3 million barrels of oil equivalent (boe), the
company said in a filing with the Hong Kong stock exchange.
Last month, CNOOC reported 2015 net profit fell by
two-thirds to 20.25 billion yuan.
($1 = 6.4784 Chinese yuan renminbi)