CONFORMED COPY
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2007
PETROCHINA COMPANY LIMITED
16 ANDELU, DONGCHENG DISTRICT
BEIJING, THE PEOPLE'S REPUBLIC OF CHINA, 100011
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F [X] Form 40-F [ ]
(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes [ ] No [X]
(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-________ )
PetroChina Company Limited (the "Registrant") is furnishing under the cover
of Form 6-K the Registrant's announcement with respect to determination of the
offer price range for the A Share Issue.
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss howsoever arising
from or in reliance upon the whole or any part of the contents of this
announcement. This announcement does not constitute an offer or an invitation to
induce an offer by any person to acquire, subscribe for or purchase any
securities.
[PETROCHINA LOGO]
PETROCHINA COMPANY LIMITED
(a joint stock limited company incorporated in the People's Republic of China
with limited liability) (Stock Code: 857)
DETERMINATION OF THE OFFER PRICE RANGE
FOR THE A SHARE ISSUE
SUMMARY
The offer price range for the A Share Issue has been set at RMB15 per A Share to
RMB16.7 per A Share.
Reference is made to the Company's announcements dated 19 June 2007,
20 September 2007 and 21 October 2007 and the circular to the Shareholders dated
25 June 2007 in respect of the A Share Issue. Unless otherwise indicated,
capitalised terms used in this announcement shall have the same meaning as those
defined in the said circular and the announcements.
Following the completion of preliminary market consultation with price
consultation parties conducted from 22 October 2007 to 24 October 2007 (both
days inclusive) in the PRC, the Company and the joint sponsors (lead
underwriters) of the A Share Issue have set an offer price range for the A Share
Issue at RMB15 per A Share to RMB16.7 per A Share.
An announcement regarding the offer price range of the A Share Issue will be
published in several PRC newspapers including the China Securities Journal,
Shanghai Securities News, Securities Times and Securities Daily on 25 October
2007.
The above price range was determined based on various considerations, such as
results of the preliminary price consultation, the general circumstances of the
Company, valuation of comparable companies and market conditions. The Company
will issue an announcement once the offer size and the offer price for the
A Share Issue have been determined.
By Order of the Board
PETROCHINA COMPANY LIMITED
LI HUAIQI
Secretary to the Board
Beijing, the PRC
24 October 2007
As at the date of this announcement, the Board comprises Mr. Jiang Jiemin as the
Chairman; Mr. Duan Wende as the executive Director; Mr. Zheng Hu, Mr. Zhou
Jiping, Mr. Wang Yilin, Mr. Zeng Yukang, Mr. Gong Huazhang and Mr. Jiang Fan as
non-executive Directors; and Mr. Chee-Chen Tung, Mr. Liu Hongru and Mr. Franco
Bernabe as independent non-executive Directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this announcement to be signed on its behalf by the
undersigned, thereunto duly authorized.
PetroChina Company Limited
Dated: October 24, 2007 By: /s/ Li Huaiqi
--------------------------
Name: Li Huaiqi
Title: Company Secretary