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EXPLORATION

CNOOC makes another discovery in Bohai Bay

CHINESE state-owned CNOOC has made a large-sized discovery at the Kenli 10-2 oilfield in the southern Bohai Bay, offshore China, where it also operates projects with ASX-listed Horizon Oil.

Mark Tilly
Bodes well for more discoveries in the area

Bodes well for more discoveries in the area

  Kenli is in shallow water of only 15.7 metres, with CNOOC saying the main oil bearing formation is in the lower section of the Neogene Minghauzen Formation, with properties consisting of conventional...

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