New oil field discovered in China

Sadraddin Ismayilov
Post's author

Chinese oil major Cnooc Ltd. has discovered oil in the Kenli 10-2 oil field in the southern Bohai bay in northeastern China, Report informs, citing Market Watch.

The crude found was conventional heavy oil, and the appraisal well was tested to produce 569 barrels of oil a day, the company said Thursday.

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