China Oil And Gas Group Limited announce that, as of the date of this announcement, the Company has repurchased an aggregate principal amount of USD 9,028,571 of its 5.5% senior notes due to mature on 25 January 2023 (ISIN: XS2016070190) (the "Notes") from the open market. The repurchased Notes have been cancelled accordingly, after which, USD 90,971,429 in aggregate principal amount of the Notes remain outstanding.