Fri Oct 13 16:10:00 CDT 2000
-- Husky Energy, CNOOC to develop Chinese oil fields
A unit of Calgary-based Husky Energy Inc. group announced a contract for joint development of the Wenchang oil fields in the South China Sea. Husky Oil China Ltd., and China National Offshore Oil Corp. (CNOOC) will develop the Wenchang 13-1 and 13-2 fields. Husky will have a 40% working interest in the CNOOC-operated fields.