China Oil & Gas Group Limited announced a further delay in dispatching the shareholder circular covering its proposed very substantial disposal (VSD) and very substantial acquisition (VSA).

The company had originally planned to distribute the document by 22 May 2026, as stated in its 29 April and 14 May announcements. However, additional time is required to finalise the information, including details of the Share Swap Agreement and related transactions, as well as the notice for the forthcoming special general meeting. The revised deadline for dispatch is now on or before 5 June 2026.

The board currently comprises four executive directors—Mr. Xu Tieliang (Chairman and CEO), Ms. Guan Yijun, Mr. Gao Falian and Ms. Xu Ran—and three independent non-executive directors—Ms. Liu Zhihong, Mr. Wang Guangtian and Mr. Yang Jie.

No changes have been announced to the terms of the proposed transactions; the adjustment solely affects the timing of the circular’s release.