I work for myself sound cash advance coachella ca salute Top executives of CNOOC have repeatedly said the acquisitionof Nexen, which has proven reserves of 900 million barrels ofoil equivalents stretching from Canada to North Sea and Africato the U.S. Gulf of Mexico diversified CNOOC's reserve mix. Itis also, Chairman Wang Yilin has said, aiding the long-termdevelopment of the company. CNOOC aims to more than double itsannual output to 2.6 million barrels per day by 2020 under astrategy Wang dubs "New Leap Forward". The Nexen deal boostedCNOOC's net proved reserves by around 30 percent and its netproduction by 20 percent.