UPDATE 2-China's CNOOC hopeful on Nexen bid; raises FY output goal
* CNOOC working to win Canadian approval for Nexen bid
* Q3 output up 8.5 pct on new projects, overseas output
* Raises 2012 output target to 335-345 mln boe
* Q3 revenue up nearly 5 pct despite lower oil selling prices
By Charlie Zhu
HONG KONG, Oct 24 (Reuters) - CNOOC Ltd, China's top offshore oil and gas producer, said on Wednesday it was working to win regulatory approval from Canada this year for its $15.1 billion bid for energy producer Nexen .
"Our team is still working to obtain approval," Chief Financial Officer Zhong Hua told reporters on a conference call about CNOOC's third-quarter results. "We still expect to get the approval by the end of the year."
His comments came days after Ottawa held up Malaysian state oil company Petronas' $5.2 billion bid for Canada's Progress Energy Resources Corp, a move that raised concerns that the Chinese offer for Nexen - which would be China's biggest overseas takeover - could also be blocked.
Under a barrage of questioning from reporters, Zhong said CNOOC had submitted all the documents requested by Canadian and U.S. regulators for the proposed deal. He declined to elaborate further. Continued...