CNOOC Limited announced that it had successfully drilled two new oil and gas discoveries-Bozhong (BZ) 2-1 and Qinhuangdao (QHD) 29-2 in the Bohai Bay. Zhu Weilin, Executive Vice President of the Company stated that “both the structures are on large scale with thick oil pays, and contain light crude1.”

• 1. “China’s CNOOC announces two new discoveries in Bohai Bay,” Oil online, March 26, 2009, at http://asiaenergy.blogspot.com/2009_03_22 archive.html.