Source Pravda.Ru

CNOOC To Discover Bohai Bay

CNOOC announced the success of appraisal well LD10-1-2 located in Bohai Bay. The well was drilled by CNOOC Services Ltd.'s jackup, Bohai X. LD10-1-2 is approximately 22 kilometers northeast of SZ36-1 oil field and an appraisal well on the LD10-1 discovery. The appraisal well flowed over 1,000 barrels of API 18-20 degrees of crude per day during two drill stem tests.

Mr. Ru Ke, Executive Vice President of the Company, commented: "The well encountered pay zones of 68 meters. It is a further confirmation of economic reserves in place of LD 10-1." CNOOC has a 100% interest in the discovery. ©

&to=http://www.cnoocltd.com/front/asp/index.asp' target=_blank>CNOOC

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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