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| Introduction
Exploration History
Lishui 36-1 Gas Field Development
Lishui Gas Play
Block 25/34
Petroleum Contract
Dynamic Gas Market
Gas Agreement and Overall Development
Program
Reserve Report | Following the signing of Petroleum Contract for Block 25/34, Primeline acquired from CNOOC all the regional seismic and well data in and around the Block and now has access to 23,000 km of 2D seismic data and data from 12 previously drilled wells. In the Lishui Basin, which is covered by the Block, there are a total of seven wells (in addition to Primeline's LS36-1 field wells and the recent LS35-3-1 discovery) that have encountered various hydrocarbon occurrences (shows or flows). Primeline has an ongoing programme of regional geological and geophysical evaluation of Block 25/34 and the Lishui Basin to document the exploration potential and to provide Primeline with prospects and lead inventories that guide the exploration work programmes.
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