CNOOC announces new oil discovery in Bohai

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China National Offshore Oil Corp. (CNOOC), China's biggest offshore oil and gas producer, announced on Wednesday new gas and oil discoveries in the Bohai Sea.

The findings come from the Lvda 5-2 North and Kenli 9-5/9-6 wells, in the Bohai Sea's Liaodong Bay and the Laixi structure, respectively.

The production of Lvda 5-2N-2 well was tested at over 1,000 barrels per day, and Kenli 9-6-2 well at around 200, the CNOOC said.

The company also revealed total assets in excess of 1 trillion yuan (163 billion U.S. dollars) at the end of September.

• CNOOC gains bid for oil field in Brazil
• New CNOOC oil fields start production
• CNOOC offering 25 blocks for cooperation
• CNOOC makes trading debut on Toronto Stock Exchange
• CNOOC net profit rises 7.9% in first half
• CNOOC Gas undertakes China's first floating LNG project
• CNOOC announces two oil exploration discoveries
• CNOOC completes Asia's biggest deepsea platform
• CNOOC buys LNG from BG Group
• CNOOC Ltd. Q1 oil, gas revenues up 13.3 pct

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