The petroleum drilling and exploration operation of Zhongjiannan Project was smoothly completed on schedule on July 15th with the oil & gas shows found. In accordance with the work procedures of deep-sea petroleum exploration and development, a comprehensive assessment of hydrocarbon horizons is to be implemented based on the geological and analytical data collected through the drilling and exploration operation. Next phase arrangements are subject to the aforesaid comprehensive assessment.
Since 2004, China National Petroleum Corporation (CNPC) has been conducting geophysical prospecting activities mainly for seismic data acquisition in this sea area based on intensive and comprehensive geological study. As a result, the exploration targets were locked, and the well locations were identified. In 2013, well site survey was conducted.