Australian oil explorer makes FID on Chinese project

ASX-listed Horizon Oil which holds a 26.95% interest in the Weizhou 12-8 East oil field in the Beibu Gulf, offshore China, has made a final investment decision on the project.

Australian oil explorer makes FID on Chinese project Australian oil explorer makes FID on Chinese project Australian oil explorer makes FID on Chinese project Australian oil explorer makes FID on Chinese project Australian oil explorer makes FID on Chinese project

 

Weizhou 12-8 East forms part of the larger Block 22/12 project operated by China's CNOOC. The project started production in 2013.