New Discovery for CNOOC on UK Glengorm Prospect

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CNOOC has made a new discovery on the Glengorm prospect, located in the UK Central North Sea.

The Glengorm discovery is located in License P2215 with a water depth of
approximately 86 meters.

The exploration well Glengorm was drilled to a total depth of 5,056 meters and encountered net gas and condensate pay zones with a total thickness of 37.6 meters.

Xie Yuhong, executive vice president of the company said, “Glengorm discovery demonstrates the great exploration potential of License P2215. We are looking forward to further appraisal.”

CNOOC Petroleum Europe, a wholly-owned subsidiary of CNOOC, is the operator of License P2215, holding 50% interest.

Total E&P UK North Sea holds 25% interest and Euroil, a wholly owned subsidiary of Edison Esplorazione e Produzione, holds 25% interest.

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