Ivanhoe details China pilot development work

Ivanhoe Energy Inc., Calgary, and its partners have advanced plans for a pilot development program on Duan Nan block in China's Dagang oil producing region (see map). Duan Nan is part of the Kongnan project, which includes five other blocks. Click here to enlarge imageOver the past 10 years, Dagang Oilfield Group-one of Ivanhoe's partners in the Kongnan project-has drilled a total of 82 exploration wells on the project's six blocks. Upon recent inspection of certain oil fields in China, however, Ivanhoe Pres. and CEO Leon Daniel became convinced of the potential for major production improvements through the application of Western enhanced oil recovery technology."Ivanhoe Ener...

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