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PetroChina strikes gas in China's Junggar Basin

Dec. 21, 2020 11:34 AM ETPetroChina Company Limited (PCCYF) StockPCCYFBy: Carl Surran, SA News Editor1 Comment
  • PetroChina (PTR -2.1%) reportedly has struck a large natural gas discovery in northwest China's Xinjiang region, with an initial estimated reserve topping 100B cm.
  • PetroChina tapped 610K cm/day of gas flow and 106.3cm of crude oil at exploration well Hu-1

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