Yunshi Cao

Mr. Cao has over 30 years oil industry experience in China. He retired in 2006 from CNOOC where he was general counsel, company secretary and senior vice president of CNOOC Ltd. (NYSE: CEO). Mr. Cao was instrumentally involved in the listing of CNOOC Ltd. and subsequent fund raisings. Mr. Cao was in charge of CNOOC head office legal department and was responsible for all petroleum contracts entered into by CNOOC with international companies since 1982.