Cnooc (CEO -0.9%) says it recently appraised two wells successfully in northeastern China's...

|By:, SA News Editor

Cnooc (CEO -0.9%) says it recently appraised two wells successfully in northeastern China's Qinghuangdao, located in the central north of Bohai Bay. The area was tested to produce ~6,600 bbl/day of oil and 4.5MMcf/day of natural gas, creating the highest capacity of clastic rocks in Bohai.