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    Husky Energy continues South China Sea expansion

    News // December 20, 2002
    Husky Energy has signed another petroleum contract with China National Offshore Oil Corporation (CNOOC) for the 40/30 block in the Pearl River Mouth Basin of the South China Sea.

    The block is located 100 kilometres south of the Wenchang 13/1 and 13/2 oil fields, and 400 kilometres southwest of Hong Kong.

    The new block is 6,704 square kilometres (approximately 1.7 million acres) in size, in water depth averaging 600 to 1,500 metres. A single exploration well is required on the block in the first three years of the contract.

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