Project Profile
Location: Zitong block, China
Area: 1,001 sq km
Licence expiry: 2032 (30 years)
Start-up Year: -
In general, the Zitong Block consists of deep, high pressure reservoirs that are classified as \"tight gas\". The permeability and porosity of the sandstones encountered in the Yixin-2 and Zitong-1 wells fall within the parameters of current, highly productive commercial tight gas projects in North America such as the Montney and the Marcellus shale.
Operator:
Shell: Operator with 44.1% ineterst (acquired 90% from Ivanhoe Energy in December 2012)
Mitsubishi Gas Chemical Company: 10% interest