CNOOC‘s Successful Gas Appraisal In South China Sea

abarrelfullabarrelfull wrote on 27 Aug 2014 07:02

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August 19, 2002

CNOOC Limited (the "Company", SEHK: 883; NYSE: CEO) announced today that a successful appraisal well, YCH13-4-2, will add gas reserves in Western South China Sea.

YCH13-4-2, drilled on the YCH13-4 discovery, is located about 27 km north of YCH13-1 gas field. The well produced about 20 million cubic feet of gas per day on 16 mm choke during drill stem tests.

The Company owns 100% of the discovery.

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