CNOOC Makes New Gas Discovery in the South China Sea

CNOOC Limited's appraisal well, YCH13-4-2, will add gas reserves in Western South China Sea. YCH13-4-2, drilled on the YCH13-4 discovery, is located about 27 km north of YCH13-1 gas field. The well produced about 20 million cubic feet of gas per day on 16 mm choke during drill stem tests. The Company owns 100% of the discovery.