Canada-Husky Announces Another Significant Gas Discovery in the South China Sea
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John C.S. Lau , President & Chief Executive Officer of Husky Energy Inc. (TSX:HSE), is pleased to announce that Husky Oil China Ltd., a wholly owned subsidiary of Husky Energy, has made another significant gas discovery on Block 29/26 in the South China Sea.
The LH34-2-1 and LW3-1-1 exploration wells are Husky's significant gas discoveries on Block 29/26 in the South China Sea.
The West Hercules deepwater drilling rig recently completed the drilling and testing of the LH 34-2-1 exploration well. This well was drilled 23 kilometres northeast of the Liwan 3-1 Gas Field in a water depth of 1145 metres and encountered a significant thickness of excellent quality, gas charged reservoir. The well tested natural gas, with a high liquids yield, at an equipment restricted rate of 55 million cubic feet (mmcf) per day, with indications that the well's future deliverability could exceed 140 mmcf per day. The well is similar in character to the Liwan 3-1 wells.
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Sunday 13 December, 2009 05:46 PM |
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