Monday, 31 December 2012

CHINAAOIL

STRONG ACCUMULATION AT $1-$1.03 FOR 1 WEEK. CLOSED $1

CHINA AVIATION OIL ANNOUNCE:


The Board wishes to announce that the Company and BPS have reached an agreement

on the main terms of the 2013 Term Contracts and the Second Supplemental

Agreement to the Collaboration Agreement which provides for the suspension of the

Collaboration Agreement for a further period of one year from 1 January 2013. The

parties are currently reviewing certain technical details and are in the process of

finalising the same for execution.

 


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