CNOOC's Weizhou 6-12 oil field starts production

4/22/2013

CNOOC's Weizhou 6-12 oil field starts production

HONG KONG -- CNOOC announced today that the Weizhou 6-12 oil field has recently commenced production.

Weizhou 6-12 is located in the Beibu Gulf basin, in the northern South China Sea, and has an average water depth of approximately 29.2 meters. The project has 10 producing wells and is expected to hit its peak production in 2013.

CNOOC operates and holds a 51% interest in Weizhou 6-12. Partners on the field include Roc Oil, Horizon Oil (including Petsec Petroleum) and Oil Australia.

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