/PRNewswire/ Sinopec Southwest Oil & Gas Company of China Petroleum ("Sinopec Southwest") & Chemical Corporation (HKG: 0386, "Sinopec") has discovered new.
Sinopec Southwest has discovered new shale gas reserves in the Jinshi 103HF exploratory well deployed in the Sichuan Basin. With a daily natural gas production reaching 258,600 cubic meters and an evaluated resource capacity of 387.8 billion cubic meters, it is a major breakthrough for China s shale gas exploration, and the first discovery in the Cambrian Qiongzhusi Formation.