PLANS OUTLINED FOR NEW ACREAGE IN BOHAI BAY OFF EASTERN CHINA

China National Oil & Gas Exploration & Development Corp. and The Exploration Co. of Louisiana Inc. (XCL), Lafayette, La., have disclosed details of their plans for the Zhao Dong block in Bohai Bay off eastern China. The China state company and XCL last month agreed under a 22 year production sharing contract to explore for, develop, and produce Zhao Dong hydrocarbons (OGJ, Feb. 7?, p. 38). The present state company is a successor to China National Oil Development Corp. and is still referred to

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