China: Ordos Zijinshan CBM resource estimated

By OGJ editors
HOUSTON, Dec. 15
– The ZJS-02 well in the downthrown block of the 175,000-acre Zijinshan gas asset in China’s Ordos basin intersected 68 bcf of gas in place, according to consulting engineers and in-house estimates, said Camac Energy Inc., Hartsdale, NY.

Camac, which owns 100% of the foreign contract interest in the block in partnership with PetroChina CBM Co., plans to drill the ZJS-03 well late in the 2011 first quarter on the larger upthrown block. The block is in Shanxi Province near the West-East and Ordos-Beijing gas pipelines.

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