Sinopec strikes oil
Source: Agencies |
July 13, 2010, Tuesday
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Print Edition
Print Edition
STATE-OWNED Chinese oil producer Sinopec said yesterday its Addax subsidiary has struck oil offshore Nigeria after the unit was acquired last year to expand the company's African presence.
The UDELE-3 well of Block 137 in the Niger Delta showed a heavy oil flow of 3,365 barrels and 28,300 cubic meters of gas per day in a test, said a statement by the company, also known as China Petroleum and Chemical Corp.
The well was Sinopec's first exploration in Nigeria this year.
The UDELE-3 well of Block 137 in the Niger Delta showed a heavy oil flow of 3,365 barrels and 28,300 cubic meters of gas per day in a test, said a statement by the company, also known as China Petroleum and Chemical Corp.
The well was Sinopec's first exploration in Nigeria this year.
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