1. Addax also owns oil fields in Kurdistan.

2. The efforts and accomplishments that Addax Petroleum has achieved thus far will be built on through increased investment in the business and acceleration of development and exploration plans.

3. CALGARY, Alberta, June 8 (Reuters) - Addax Petroleum Corp AXC.TO said on Monday it held talks with a would-be buyer of the oil company, sending its shares up 11 percent.

4. Addax Petroleum had 538 million barrels of proved and probable oil reserves as at 31 December 2008, and had average production of about 135,000 barrels a day in the first quarter.

5. Including the Addax deal, Chinese oil firms have bought $ 43.7 billion of overseas assets since 2005.

6. But deals like the Addax acquisition show they are gradually growing into international oil companies, capable of striking high-profile, cross-border deals in a more public manner.

7. Addax has already attracted interest from the Korea National Oil Corporation.

8. Addax produced 134,730 barrels of oil a day in the first quarter, with more than three quarters of its output coming from properties in Nigeria.

9. The Addax deal will give Sinopec a strong foothold in oil-rich West Africa and Iraqi Kurdistan and a steady supply of oil for its refining operations.

10. Addax has operations in Gabon, where Sinopec has been involved in oil exploration, as well as in Nigeria and Cameroon.

11. efforts and accomplishments that Addax Petroleum has achieved thus far will be built on through increased investment in the business and acceleration of development and exploration plans.

12. Sinopec's $ 7.2 billion acquisition of Addax has a familiar ring to it.

13. Addax, which operates the Taq Taq field in Kurdistan, was a key beneficiary of the change and has been shipping Taq Taq oil via the main Iraqi-Turkish pipeline since the start of this month.

14. Two species of antelopes in desert regions of North Africa are additionally in dire conservation status now: the Dama Gazelle and the Addax.

15. Authorities in Baghdad have denounced as illegal the roughly 30 oil contracts negotiated between the Kurdish regional government and foreign energy companies like Addax.

16. The Sinopec deal involves a break-up fee of C$300 million, Addax said in a statement.

17. Analysts say that the Beijing government will now set its sights on lower-profile companies, such as Addax.

17. try its best to collect and make good sentences.

18. The Iraqi oil minister has described contracts such as those signed by Addax as illegal and ruled out paying the companies for their oil until a long-stalled oil law is agreed.

19. And it is building up a larger supply buffer with deals to buy mines in Australia and oilfields abroad, like Sinopec's $7.2 billion bid for Addax Petroleum AXC.TO.