Whisker

Unocal Board Was Closer Than Expected to Endorsing CNOOC Offer

Unocal Corp. apparently was within a whisker of accepting a purchase agreement from CNOOC Ltd. (which is 70% owned by the Chinese government) based on documents filed with the Securities and Exchange Commission (SEC) Monday — Unocal’s first disclosure of recent board meetings and communications on the matter.

July 26, 2005