CNOOC LTD | CIK:0001095595 | 3

  • Filed: 4/19/2018
  • Entity registrant name: CNOOC LTD (CIK: 0001095595)
  • Generator: Unknown
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1095595/000095010318004942/0000950103-18-004942-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1095595/000095010318004942/ceo-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001095595
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  • ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory

    A contingent liability is disclosed when the existence of an obligation will only be confirmed by future events or when the amount of the obligation cannot be measured reliably.

     

    A contingent asset is not recognized in the financial statements, but is disclosed when an inflow of economic benefits is probable.