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The Company currently explores for, develop and produce crude oil and natural gas in a number of areas across China.
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Scones (98.91) Submitted: 3/22/08 11:27 AM : Start Price: $84.18 SNP Score: 8.35
China Petro is trading at a price to earnings of 10 in an industry that is selling at 15. China will continue to boom for the next decade and demand will be strong there. SNP is technically oversold now and presents a great buying opportunity.
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